(MENAFN- AzerNews)
By Sabina Mammadli
Azerbaijani Prime Minister Ali Asadov arrived in Russia for a
working visit upon the invitation of Russian Prime Minister Mikhail
Mishustin.
During the visit, Asadov will attend the 2nd Caspian Economic
Forum, as well as hold bilateral meetings with the heads of
governments of the Caspian littoral states.
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 the non-oil sectors.
The trade turnover between Azerbaijan and Russia amounted to
$2.9 billion in 2021, making Russia Azerbaijan's third-largest
partner.
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Sabina Mammadli is AzerNews' staff journalist, follow her on
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