Azerbaijan invested more than $500 million in Russia in 10 years

Azerbaijani investments in the Russian economy are almost double that of investments by Russian companies in Azerbaijan. This was stated by the minister of economic development of Azerbaijan, Shakhin Mustafayev, at a business forum with businessmen from Karachay-Cherkessia. According to him, in last 10 years Azerbaijan has invested $563 million in Russia, while Russian investments in the Azerbaijani economy were only $366 million.

Today 261 enterprise with Russian capital are working in Azerbaijan, the minister noted.