Russian Business Aims at Winning Azerbaijani Market, REC Says

“We seek to dynamically increase our export volume, and we have already showed some very good results since opening [the REC's representative office]. We're increasing that number year after year, definitely. We provide a certain discount and consider the geopolitical factors that are currently taking place, and the economic turbulence associated, among other things, with the coronavirus outbreak and with regional events. But we very much hope that our volume will grow this year. At the same time, I must say that the flow of exports to Azerbaijan in light of current events is only increasing. In other words, Russian business is currently very focused on Azerbaijan. In this respect, we have every reason to assume that our volume will grow,” said Guliev.

"I would say that currently, Azerbaijan is probably, in a good sense, one of the easiest countries for Russian exports to enter.We, as the Russian Export Center, provide a full range of services, more than 100 of them. Companies of a completely different caliber and with different budgets turn to us for help. In terms of companies and demand, it would probably be appropriate to name five or six products as the drivers of our exports. What exactly is Azerbaijan buying? What I think will always be useful first and foremost is wheat, metallurgy, mechanical engineering, sugar, and timber. These are high value-added products. We also actively promote the oil and gas industry. That is, these kinds of products are in high demand in Azerbaijan," he added.