"The parties are exchanging opinions on various aspects of bilateral cooperation, discussing measures to promote political interaction, increase the volume and raise the quality of trade and economic contacts," Mikhail Kamynin said.
According to the ministry's official spokesman, trade between Russia and Azerbaijan increased by 40% in 2005 to about $1 billion.
Kamynin said both countries were developing cooperation in the fuel and energy sector and in the sphere of transport, industry and agriculture.
According to Kamynin, the issues of closer cooperation between businesses of both countries, the elaboration of joint projects in various spheres and the expansion of the contractual law base of economic interaction were also on the agenda.