Elmar Mammadyarov: “Azerbaijan is main trade partner of Russia in South Caucasus”
  • POLITICS

  • 14:11 03 December 2019

Elmar Mammadyarov: “Azerbaijan is main trade partner of Russia in South Caucasus”

“There are successful economic relations between the two countries. Legal framework for these relationships exist,” said Elmar Mammadyarov, Foreign Minister of the Republic of Azerbaijan, at a press conference in Baku following a meeting with his Russian counterpart, Sergey Lavrov, ONA reports.

The Minister stated that the volume of the trade turnover at the economical relations exceeded $ 2.5 bln. : “We have targeted to reach this figure to $ 3 bln. Azerbaijan is the main trade partner of Russia in South Caucasus. The investment made by Azerbaijan in Russia exceeded $ 1.2 bln. while Russia invested $ 4,9 bln.  In Azerbaijan.”

Zumrud Pashkin

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