Azerbaijan’s business center was opened on Thursday in the Russian city of Astrakhan, Interfax news agency reports.
The opening ceremony was attended by Azerbaijani Minister of Economy Shahin Abdulla oglu Mustafayev and Vice President, Head of the Russian branch of Heydar Aliyev Foundation, Leyla Aliyeva.
“Russia is one of the main trade partners of Azerbaijan, ranking first in the export and import of our country, and it is no accident that Azerbaijan opened the first trade mission in Russia. In bilateral trade, there is a positive trend: within four months of this year, trade has increased by 30%. The total investment of Azerbaijan in Russia exceeds $1 billion, and the Russian Federation's investment in Azerbaijan has reached $4 billion”, Azerbaijani Economy Minister Shahin Abdulla oglu Mustafayev said at the ceremony.
He has stressed that this is the first such center in Russia.