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Dagestan offers to create fund for Azerbaijan-Russia projects

Business Materials 1 November 2016 18:24 (UTC +04:00)
Azerbaijan and Russia need to create a special fund for financing of joint projects, the implementation of which is agreed in the Azerbaijan-Russia interregional forums, Ramazan Abdulatipov, the head of the Dagestan Republic of Russia, said Nov. 1.
Dagestan offers to create fund for Azerbaijan-Russia projects

Baku, Azerbaijan, Nov. 1

By Azad Hasanli – Trend:

Azerbaijan and Russia need to create a special fund for financing of joint projects, the implementation of which is agreed in the Azerbaijan-Russia interregional forums, Ramazan Abdulatipov, the head of the Dagestan Republic of Russia, said Nov. 1.

“Each constituent entity of Russia and each district of Azerbaijan can sign tens of such agreements. But it is more important for these agreements to be supported by concrete projects,” he said.

Abdulatipov added that a special selection of interregional projects, as well as creation of a financing fund can be carried out within the framework of the forum.

The 7th Azerbaijan-Russia interregional forum takes place in Baku Nov. 1. Over 600 representatives of state and private organizations of both countries participate in the forum.

Eleven documents have already been signed in the framework of the forum.

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