(MENAFN- AzerNews)
By Ayya Lmahamad
A meeting with a delegation of Russia's Krasnodar region
business circles was held in the Russian Export Center in
Azerbaijan, Azernews reports.
Russian Trade Representative in Azerbaijan Ruslan Mirsayapov,
Russian Export Center representative in Azerbaijan Nikolay Bondov,
and Azerbaijan's Economy Ministry Department of Interstate Economic
Cooperation Deputy Director Masim Mammadov attended the
meeting.
During the meeting, representatives of Krasnodar companies made
presentations of their products and received recommendations for
working in the Azerbaijani market.
'The list of products offered for delivery to Azerbaijan by
Krasnodar companies is quite wide and includes equipment for the
production of packaging, heating equipment, vegetable oil, sugar,
cereals, and IT solutions in the development of urban
infrastructure,' Russian Export Center in Azerbaijan reported.
In the next few days, the participants of the business mission
of Krasnodar companies in Azerbaijan are expected to hold a lot of
negotiations, B2B and B2G meetings, as well as visit the
Azerbaijani enterprises.
To note, heads of seven Krasnodar companies take part in a
business visit organized by the Krasnodar Region Export Support
Center: Apostolie, Technoindustriya, Yug-Polymer, Inform-systems,
Eksta, Rezonect, Khalaburdin.
Azerbaijan and Russia cooperate in different sectors, such as
economy, agriculture, customs, communications, high technology, and
others. Over 230 intergovernmental and intercompany documents have
been signed between the two countries and six 'road maps' are being
implemented.
Azerbaijan's investments in the Russian economy have exceeded
$1.2 billion, with the majority of the investments being in the
non-oil sector. In addition, Russian investments in Azerbaijan's
economy totaled $6.3 billion with $5 billion in the oil sector and
$1.3 billion in non-oil sectors.
The trade turnover between Azerbaijan and Russia amounted to
$2.9 billion in 2021, making Russia Azerbaijan's third-largest
partner.
--
Ayya Lmahamad is AzerNews' staff journalist, follow her on
Twitter: @AyyaLmahamad
Follow us on Twitter
@AzerNewsAz
MENAFN14092022000195011045ID1104863957
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.