Azerbaijan, Russia Mull Over Promotion Of Mutual Investments (PHOTO)
Date
7/15/2024 7:16:46 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, July 15. Azerbaijan and
Russia have discussed the issue of encouraging mutual investments,
Azerbaijani Economy Minister Mikayil Jabbarov wrote about it on X,
Trend reports.
The publication notes that a productive meeting was held with
the Russian president's special envoy for relations with
international organizations to achieve sustainable development
goals, Boris Titov, and his colleagues.
"We explored potential opportunities for strengthening our
bilateral economic relations, focusing on the following issues:
joint efforts on sustainable development and compliance with
environmental, social, and governance principles; support for
sustainable development initiatives; and encouragement of mutual
investments and the development of partnerships in the private
sector," the publication reads.
To note, Russia's foreign direct investment (FDI) into
Azerbaijan's economy amounted to $55.546 million in the first
quarter of 2024 and $7.184 million from Azerbaijan into Russia's
economy.
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