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These relations were brought up to the level of strategic partnership due to the efforts and political will of the presidents of the two countries.” The minister further mentioned that the sides signed over 200 different agreements during the period of cooperation.“Trade relations are an important sphere of ​​our cooperation,” he said.Mustafayev said the latest technology was introduced at the Rokadov Mineral Water OJSC.“Azerbaijan can become a consumer of this water,” added the minister.There are agreements between Rosneft and Azerbaijan’s energy giant SOCAR for joint exploration and production of oil and gas.

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The minister stated that the adaptation of the Azerbaijani economy to the new economic conditions is under completion, adding that the Azerbaijani government expects the economic recovery and its sustainable growth.In September 2015, Gazprom began deliveries of natural gas to Azerbaijan under a contract concluded for five years with the possibility of extension.The contract provides for the supply of up to 2 billion cubic meters of gas to Azerbaijan per year.The forum, organized by the Economy Ministry of Azerbaijan and the Economic Development Ministry of Russia, was attended by a delegation including 120 people, led by Economy Minister Shahin Mustafayev.“An increase in trade turnover in export and import of goods between Azerbaijan and Russia has been observed for the first time since 2015,” Oreshkin said.

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