Rapid development of economic relations between Russia and Azerbaijan

The ambassador of Azerbaijani to Russia said that the rapid economic development between his country and Russia is being observed at the international food exhibition in Moscow.

Ambassador Poland Bulbuloglu said that Russian President, Vladimir Putin and Azerbaijani President, Ilham Aliyev have met and witness the signing of seventeen economic document.  The Ambassador highlighted how this “creates great opportunity for joint work” between the two countries. Bulbuloglu emphasised that the two President mutual agree on developing both the economy of their countries and their personal relations.

Azerbaijan has been the leading supplier of agricultural products to Russia, in the past year bilateral trade in agricultural products has been close to $500 million. The trade turnover increased by 35% compared to the previous year, with an increase in wine to Russia. The Azerbaijan State Statistics Committee recorded a turnover of $1. 477 Billion between Russia and Azerbaijan between January and August 2018, this shows another increase of 15% compared to 2017.

The Ambassador took the opportunity to invite Russian citizens to the “Autumn gifts of Azerbaijan”, a festival celebrating the countries products and cuisines which will be held in Moscow on the 18th to 21st October.

Source: Trend News Agency

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