Official chronicle

Official chronicle

Vladimir Putin: "We plan to send Russian business missions to Azerbaijan"

23 February 2022 13:39 (UTC +04:00)

'It is quite symbolic that the Declaration on Allied Interaction was signed in the year of the 30th anniversary of the establishment of official diplomatic relations between Russia and Azerbaijan," said President of the Russian Federation Vladimir Putin as he made a press statement following the meeting with President Ilham Aliyev in Moscow, APA reports.

Over the past decades, the Russian-Azerbaijani cooperation has noticeably strengthened and expanded, getting filled with many specific mutually beneficial projects in the political, economic, and humanitarian spheres. And we, of course, are committed to the further all-around development of the truly close allied cooperation based on strong traditions of friendship, good neighborliness, mutual respect, and consideration for each other's interests.

The entire range of topical issues on the bilateral agenda was discussed in detail today. First of all, we discussed the possibilities and prospects for building up mutually beneficial trade and economic ties. I would like to note that by the end of 2021, mutual trade increased by 16 percent and reached almost $3.4 billion, while the total volume of mutual investments is about $6 billion.

The Russian-Azerbaijani intergovernmental commission will soon hold a regular meeting. We also plan to send Russian business missions to Azerbaijan to explore opportunities for developing cooperation in the field of energy, agriculture, and a number of other sectors.