World Economy

Russia to Boost Business With Azerbaijan

Russia to Boost Business With AzerbaijanRussia to Boost Business With Azerbaijan

 Russia is interested in further expanding cooperation with Azerbaijan’s businesses, including in the food market, Russia’s President Vladimir Putin said on Saturday.

“I share your opinion about the level and character of relations between our states,” he said during a meeting with Azerbaijan’s President Ilham Aliyev. “I would like to stress that despite the turbulence in the economy, trade turnover between our countries has been growing,” Tass reported.

In 2014, the Russian president said trade turnover between Russia and Azerbaijan grew by over 12%, and in the first quarter of the current year the growth was almost by 6%.

“This demonstrates the businesses from Azerbaijan have been taking advantage of the situations in our markets, including in the food market. And I would like to stress, we are happy about it,” Putin said.

“Furthermore, if this cooperation expands, it would be even better we are interested in it,” Putin added.

Moscow and Baku are making every effort to diversify bilateral relations, the Russian president said.

 Relations Developing

“Cooperation between Azerbaijan and Russia is at a high level and offers optimism about future,” Aliyev said.

“Relations between our countries have been developing very positively, dynamically, and every year we are putting higher the objectives we have.”

He said the two leaders had been meeting regularly, and active dialogues continue also between sector ministries. Parliamentary contacts have been developing, too.

“Despite the problems in the global economy, we still are building up the potential of mutual cooperation in the economic sphere,” Aliyev said.

“The level of cooperation between our countries allows us to cooperate closely, build up cooperation and be optimistic about future.”