Baku/02.06.14/Turan : Prospects for trade and economic cooperation between Russia and Azerbaijan are very nice and dynamic, said in Baku Alexei Ulukayev, the Economic Development Minister.
At a press conference in Baku on Monday , he said that trade between the countries has increased by 4.7 times since 2004. On the results of 2013 the volume of trade amounted to 3.6 billion dollars, and there are all the opportunities to increase this figure to four billion.
Referring to his visit to Azerbaijan , Ulukayev reported that he is discussing expanding economic cooperation with the Minister of Economic Development of Azerbaijan Shahin Mustafayev , which resulted in signing the Memorandum .
Speaking about the specific results of the negotiations, Ulukayev said that the sides are preparing to sign agreements on guarantees on mutual investments, creating in the central part of Russia and Economic and Trade Center of Azerbaijan, and to sign a long-term program of economic cooperation between the two countries.
"It can be said that these documents are ready and will soon be signed," said Ulukayev.
Responding the problems impeding the economic ties between the two countries, the Russian minister highlighted limitations of "logistical character" and the lack of legal basis.
"Therefore, in the negotiations with the Minister Mustafayev we raised the question of the creation in both countries logistics centers, and developing transport links," said Alexey Ulukayev. -02D-
Politics
-
Head of the European Union Delegation to Azerbaijan Peter Michalko and EU Ambassadors visited Shehid Alley in Baku on 19 January to pay tribute to the victims of ‘Black January’ on the 35th anniversary of the tragic events.
-
U.S. President-elect Donald Trump has instructed his team to organize a phone call with Russian President Vladimir Putin in the days following his inauguration on January 20. This was reported by CNN, citing sources familiar with the matter.
-
It has been 35 years since the harrowing night of January 19-20, 1990, when a 35,000-strong army corps, following orders from the Soviet leadership, forcefully entered Baku. This invasive act resulted in numerous civilian casualties, marking a tragic chapter in the struggle for Azerbaijani independence. The Soviet army's incursion into Baku was orchestrated to quell the burgeoning national liberation movement, particularly to thwart the upcoming parliamentary elections scheduled for March 1990.
-
A local activist of the Musavat Party, Alikram Khurshidov, was detained in the city of Shirvan last night.
Leave a review