PROBLEMS AT BORDERS DAMAGE GOODS TURNOVER BETWEEN RUSSIA AND AZERBAIJAN

22.10.2004 [22:51]
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The volume of goods turnover between Azerbaijan and Russia made up $433,4 million in February-September 2004 and it is by 47,5 percent higher than that of the same period of previous year, first deputy chairman of the Milli Majlis Arif Rahimzadeh said at the fourth sitting of the Inter-parliamentary Commission of the Milli Majlis of Azerbaijan Republic and RF Federal Assembly held October 21 in Baku.

Today, some 350 Russian companies are operating in Azerbaijan. Of them, 82 companies are working with 100-percent Russian capital while 70 are interstate and intergovernmental. Azerbaijan co-operates with 68 subjects of the Russian Federation. However, restrictions imposed by the Russian Government at Azerbaijan-Russia borders recent days caused serious problems as volume of goods turnover dramatically decreased, commission co-chair A. Rahimzadeh told AzerTAj correspondent.

The Russian co-chair, deputy chairman of the RF Council of Federation Committee for CIS Affairs Konstantin Markelov stated that Russian side is about to increase the volume of goods turnover between the two states up to $1 billion and problems at the Russia-Azerbaijan borders are of temporary character.

PROBLEMS AT BORDERS DAMAGE GOODS TURNOVER BETWEEN RUSSIA AND AZERBAIJAN

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