By Fatima Hasanova
On December 6, Azerbaijani Prime Minister Ali Asadov held a
meeting with the head of the Dagestani Republic, Sergei Malikov, in
Baku, Azernews reports, citing the Cabinet of Ministers.
During the meeting, Ali Asadov and Sergey Malikov expressed
satisfaction with the development of Azerbaijani-Dagestani
relations in a variety of fields and discussed the prospects for
mutual activities in areas of mutual interest.
The parties expressed their confidence that the cooperation
between Azerbaijan and Dagestan will further strengthen the
mutually beneficial Azerbaijan-Russia partnership.
Azerbaijan and Russia cooperate in different sectors, such as
the 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
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
Russia also played a prominent role in the Armenian-Azerbaijani
conflict resolution. The trilateral peace deal signed by the
Azerbaijani, Russian and Armenian leaders on November 10, 2020,
ended the 30-year conflict between Baku and Yerevan over
Azerbaijan's Karabakh that along with seven adjacent regions came
under the occupation of Armenian armed forces in the war in the
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