Russian investment in Azerbaijani economy is USD 6,3 bln.

Shahin Mustafayev, Azerbaijan

© APA | Shahin Mustafayev, Azerbaijan's Deputy Prime Minister

# 26 April 2022 16:03 (UTC +04:00)

“According to the finals of the first quarter of this year, trade turnover between Azerbaijan and Russian Federation made up USD 631 mln. which exceeds the relevant indicator of the previous year by 8%, said Deputy Prime Minister of the Republic of Azerbaijan Shahin Mustafayev at the 20th meeting of the intergovernmental state commission on economic issues between Azerbaijan and Rusia, APA-Economics reports.

According to him, reciprocal relations in the field of mutual investments increase dynamically.

“Rusian investment collected in Azerbaijani economy is USD 6,3 bln. Azerbaijan invested USD 12 bln. in the Russian economy,” noted Sh. Mustafayev.