Russian leader awards Azerbaijan’s Deputy PM
Russian President Vladimir Putin handed the Order of Friendship of the Russian Federation to First Deputy Prime Minister of Azerbaijan Yagub Eyyubov in a ceremony in Moscow on March 10.
Yagub Eyyubov said he was extremely honored to receive the Order, and thanked President Vladimir Putin.
The Azerbaijani First Deputy Premier was awarded for his contributions to the strengthening of friendship and cooperation and the expansion of economic and cultural relations between Azerbaijan and Russia, Azertac state news agency reported.
Cooperation between Azerbaijan and Russia is based on the principles of mutual respect and good neighborly relations. Being long-time partners, the two countries are keen to continue developing multilateral cooperation in the future.
Economic ties between Baku and Moscow are at a high level as well. Azerbaijan's State Customs Committee reported earlier that the Azerbaijani-Russian trade turnover amounted to $1.85 billion in 2015. Some $416.77 million accounted for the export to Russia.
Today, more than 600 companies with Russian capital operate in Azerbaijan. Russian investments in the country’s economy have recently amounted to more than $1.8 billion. The leading Azerbaijani companies successfully operate in the regions of the Russian Federation. Direct Azerbaijani investments in the Russian economy have amounted to more than $1 billion for the last 10 years.
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