![Turnover of Azerbaijan and Russian Federation Reduced in Comparison with Last Year](https://turan.az/resized/./turan-750-500-resize.webp)
Turnover of Azerbaijan and Russian Federation Reduced in Comparison with Last Year
According to the results of 2014, the trade turnover between Azerbaijan and Russia exceeded $ 4 billion, reaching a historic high, Russian Deputy Economic Development Minister Alexander Cybulski said at the VI Inter-regional Forum in Yekaterinburg.
According to him, over the past 5 years this figure has increased by more than 2 times, and the dynamics of the indicators, despite the difficulties of the world, was one of the best among all the CIS countries. "This year, the rate was slightly slackening because of objective well-known reasons," he said.
Thus, in the first half of this year, trade totaled $ 1.7 billion (minus 20% to July 1 of the previous year). However, as for the physical volume of deliveries of goods, there is an increase by more than 50%.
According to the official, Azerbaijan's trade with Russia shows remarkable diversification - a significant share in the mutual supply is for goods that do not belong to the fuel and energy complex. --17D-
Economics
-
Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
-
Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
-
The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
-
There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
Leave a review