Azernews.Az

By Amina Nazarli

Moscow and Baku have solved a number of issues that previously caused complex debates.

Russia’s Deputy Prime Minister Dmitry Rogozin said about this during the 16th session of the Intergovernmental Commission on Economic Cooperation between the two countries on December 16, Azertac reported.

Rogozin praised the strategic partnership between Russia and Azerbaijan, saying that Russia remains one of the main trade partners of Azerbaijan and takes the third place in the foreign trade with the index of 10.5 percent, after Turkey and Italy.

He also invited the Deputy Prime Minister of Azerbaijan Yagub Eyyubov to participate at the energy forum in St. Petersburg.

"We spent a lot of time on negotiation and discussed a number of issues, which caused complex debates. On this occasion, I invite you to the 21st Energy Forum in St. Petersburg, on June 1-3, 2017," he said, referring to Eyyubov.

Eyyubov also confirmed that Azerbaijan and Russia have the closest relationship, adding that Azerbaijan cherishes this relationship that reached the level of strategic partnership.

He praised the role played by Russia in the region, not only on economic relations, but in matters of security.

Speaking about the economic cooperation between the two countries, the First Deputy Prime Minister said that there is a great potential to increase the trade turnover between the two states, in sectors such as engineering, shipbuilding, aircraft construction, power engineering, medicine, and humanitarian spheres.

"We have a lot of joint projects, and in the future it is necessary to increase their number," said Yagubov, adding that Azerbaijan has invested in Russia $1 billion, and Russia invested in Azerbaijan $ 3 billion.

As part of the Baku visit, Rogozin was also received by President Ilham Aliyev.

Azerbaijan and Russia are tied by firmly based ties, which were officially established in 1992. The Azerbaijani-Russian cooperation is completely based on the principles of mutual respect and good neighborly relations.

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Amina Nazarli is AzerNews’ staff journalist, follow her on Twitter: @amina_nazarli

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