“Russia is one of the main foreign trade partners of Azerbaijan. The volume of trade turnover between two countries was USD 2,889 bln. in 2020,” reads the information of Russian Ministry of Foreign Affairs on Sergei Lavrov’s official visit to Azerbaijan, APA’s Moscow correspondent reports.
The information noted that the volume of Russia’s direct investment in Azerbaijan was USD 4,5 bln., while the volume of Azerbaijani investments in Russia was USD 1,5 bln. More than 900 joint companies operate in the Republic. About 300 of them are companies with 100% Russian capital.