Trade turnover between Russia and Azerbaijan growing every year
By Trend
The indicators of trade turnover between Azerbaijan and Russia testify to a noticeable growth trend, Deputy Director General of Trend news agency Arzu Naghiyev said.
Naghiyev made the remarks in Baku during the Moscow-Baku video conference entitled "Economic and Investment Cooperation of Azerbaijan and Russia: New Points of Growth" at the press-center of Trend news agency on March 4.
“The trade turnover volume between the two countries reached $170 million in January 2019, which is four percent more than in January 2018,” he said. “The trade turnover volume reached $2.5 billion in 2018, which is 19.1 percent more than in 2017.”
"This growth trend is felt more every year," Naghiyev added. “The trade turnover volume between Azerbaijan and Russia reached 7.3 percent of Azerbaijan’s total foreign trade turnover in January.”
“The conference entitled “Building a common future, search for a common past and development of a common present” was held in Baku in late February in which the Russian and Azerbaijani MPs and experts participated.
Naghiyev added that this is a policy aimed at improving relations between the countries.
“Azerbaijani President Ilham Aliyev visited Russia three times in 2018,” he said, adding that the 9th Azerbaijan-Russia Interregional Forum was held in Baku with the participation of Russian President Vladimir Putin, during which a number of important issues were discussed.