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Azerbaijan creates logistics centers in Russia's region (Exclusive)

Business Materials 2 October 2018 17:02 (UTC +04:00)

Baku, Azerbaijan, Oct. 2

By Matanat Nasibova - Trend:

Russia and Azerbaijan are embarking on a project for creation of logistics centers in the Stavropol region (Russia), the Deputy Minister of the Russian Federation for the North Caucasus Olga Rukhullayeva told Trend.

The deputy minister noted that this region of Russia is one of the main suppliers of grain to Azerbaijan.

"The Azerbaijani side is interested in creating conditions necessary for ensuring continuous supply of grain. The Azerbaijani companies also show great interest in projects for the establishment of farms for the cultivation and processing of agricultural products, as well as the establishment of canning production," she said.

"At the moment, Azerbaijan cooperates with more than 70 regions of the Russian Federation, and for us, the relations with the subjects of the North Caucasus Federal District (NCFD) are of priority. Azerbaijan has particularly good business relations with Dagestan and Stavropol region. The Azerbaijani companies are actively working in the construction sector in Dagestan, they supply construction materials, concrete," the deputy minister said.

The deputy minister noted that such joint projects as the tea factory built in Krasnodar, the products of which are supplied to the NCFD, have been implemented.

The deputy minister said there are several options for cooperation in a multilateral format in the framework of bilateral cooperation in order to expand trade and economic cooperation between Russia and Azerbaijan.

One of them is the expansion of cooperation in the CIS free trade zone, and in the future - the mainstreaming of Azerbaijan into the opportunities of the free trade zone (FTZ) of the Customs Union.

"Undoubtedly, these are the interesting directions of cooperation, the relevant negotiations are underway, the parties are seeking a compromise. The free economic zones involve simplified customs and administrative procedures for crossing the borders, some goods can be exempted from duties," the deputy minister explained.

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