Azerbaijan, Russia to sign bilateral documents in Gabala
By Nazrin Gadimova
Azerbaijan and Russia are expected to sign a number of documents within the framework of the 5th Azerbaijani-Russian interregional forum, to be held in Gabala on June 23-24.
This news was announced by Azerbaijan's Economy and Industry Ministry on June 14.
"A plenary session and some round tables are scheduled to be held on various areas of cooperation. They are expected to be attended by business circles of the two countries," the statement reads.
The event will bring together government representatives, parliamentarians, businessmen and executive authorities of Azerbaijan and Russia.
Earlier, Azerbaijan's capital hosted business forums attended by delegations from Russian Udmurtia and Kaluga Oblast, Ulyanovsk Oblast, and representatives of Stavropol's companies.
Russia is the main trade partner of Azerbaijan in the CIS. Over the past ten years, the volume of Azerbaijan's investment in Russia's economy amounted to around $1 billion, $200 million of which fell on 2013.
About 570 Russian companies are operating in the country, and over $628 million was invested in fixed capital.
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