Azerbaijan and Dagestan have agreed to implement a number of joint projects in the spheres of trade and agriculture, Head of Dagestan Republic of the Russian Federation Ramazan Abdulatipov said at the agrarian forum “Dagestan’s Golden Autumn”.
“There is an agreement with the Azerbaijani side to open a large store of Dagestan’s goods in Azerbaijan’s Khachmaz district and the same store in Dagestan’s Derbent district by March 2017”, Abdulatipov said. “The prospect of creating a farm on growing of hazelnuts in Dagestan is also being worked out with the participation of Azerbaijan”.
He said that there should be a lot of such projects, as this would make it possible to rapidly develop Dagestan’s agricultural complex.
The trade turnover between Dagestan and Azerbaijan amounted to $161.1 million in 2015, including imports from Azerbaijan worth $140.3 million, according to the North Caucasus Customs Directorate of Russia. In 2014, the trade turnover between the republics amounted to $278.8 million. (Trend/Business World Magazine)
