Azerbaijan and Astrakhan Region of Russia sign deal on trade-economic, scienctific-technical and cultural cooperation

The government of Azerbaijan and the Astrakhan Region in Russia have
signed a deal on trade-economic, scientific-technical and cultural
cooperation in Baku, Trend cites Russian spokesman of the region Yuri
Shedrin as saying.

The document was signed by Azerbaijani Vice-Premier Yagub Eyubov and
Governor of the Astrakhan Region Alexander Zhilkin.

The previous document signed 7 years ago expired in 2010. Zhilkin is
heading a business delegation.

Azerbaijan conducts foreign trade with 71 Russian regions. Deals on
trade-economic, scientific-technical and cultural cooperation were
signed with 15 of them.

Russian-Azerbaijani trade turnover increased by 71.5% in the first
half of 2011, reaching $1.455 billion. Exports increased by 58.9%,
reaching $776.1 million, exports from Azerbaijan increased by 88.5%,
reaching $679.2 million.

Interregional cooperation plays an important role in trade turnover
between the two states. Azerbaijan was visited by delegations from
Tambov Region, Karachay-Cherkessia and Dagestan to sign deals on
trade-economic, scientific-technical and cultural cooperation.