Ilham Aliyev: Russian companies create new production facilities in Azerbaijan

11:14 - 7.03.2024


March 7, Fineko/abc.az. Regarding the trade and economic sphere, I also consider the results quite satisfactory, with a growth of more than 17 percent.

ABC.AZ reports that Azerbaijani President Ilham Aliyev made this statement during his meeting with Prime Minister of the Russian Federation Mikhail Mishustin.

“We are already approaching the $4.5 billion mark. But naturally, this is not the limit. I am confident that within the framework of the agreements reached during the visit, next year, and by the end of this year, we will see even greater growth in bilateral trade. I'm glad that industrial cooperation projects are being implemented. This is a relatively new area of our cooperation. Russian companies in Azerbaijan are establishing new manufacturing facilities, service centers, and all of this also contributes to more comprehensive cooperation in the industrial sector.

In agriculture - I reviewed the materials before your visit - we complement each other. What we need, we acquire from you and vice versa. We are also pleased that the significant growth in the supply of Azerbaijani agricultural products to the Russian market, as we agreed, continues successfully,” the president said.