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Azerbaijan eyes to open network of wine & tea houses in major cities of Russia

Business Materials 11 January 2019 17:51 (UTC +04:00)

Baku, Azerbaijan, Jan. 11

By Huseyn Valiyev - Trend:

Azerbaijan intends to form a full-fledged network of trading houses in Russia, Azerbaijan’s sales representative in Russia Ruslan Aliyev told Trend Jan. 11.

He said that the feasibility study is being prepared, and after its approval, the work in this direction will be carried out actively.

“The work may be implemented on the basis of public and private partnership, and in this regard, we will involve our businessmen in this process,” he noted. “In the near future, we plan to open wine and tea houses in Azerbaijan. This will be boutiques offering wine and tea products.”

As for the places of their location, Aliyev said that the work in this direction is carried out with real estate agencies, and their proposals are being studied.

“The opening of wine and tea houses is envisaged in Moscow, Yekaterinburg and St. Petersburg,” he noted. “Namely in these cities Azerbaijani products are well known and loved, and the Azerbaijani business is quite active there. The tea products of Azerbaijan have been present in the Russian market for several years. As for wine products of Azerbaijan, unlike the wines of the low-cost segment, premium-class wines of Azerbaijani production have appeared in Russia relatively recently.”

Commenting on the dynamics of the trade and economic relations of Azerbaijan and Russia, Aliyev emphasized that they are at the highest level, and this opens up new opportunities for business development as well.

“Presently, Russian companies are ready to invest in the banking and insurance sector of Azerbaijan, in the production sector, agriculture sector, as well as to participate in our industrial parks,” he said. “As for specific investment projects, the negotiations are underway on lending to new projects in the oil and gas industry. On its part, Azerbaijani business is also considering participation in infrastructure projects in the south of Russia. It is the most suitable moment now, so large and small businesses in both countries should become more active.”

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Follow the author on Twitter: @h_veliyev

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