11:02 GMT11 April 2021
Listen Live
    Asia & Pacific
    Get short URL
    0 66

    The Russian Export Center has provided assistance to projects worth $460 million in Azerbaijan over two years, it senior executive said Saturday.

    BAKU (Sputnik) — The Russian Export Center, a state company, has provided financial and nonfinancial assistance to projects worth $460 million in Azerbaijan over two years, it senior executive, Konstantin Yevstukhin, said Saturday.

    "As of today, the Center has already supported 18 Russian export projects to Azerbaijan, estimated at $460 million, providing financial assistance to 12 projects and nonfinancial assistance to six projects," Yevstukhin was quoted by the Azeri news agency Trend as saying.

    Yevstukhin, the executive director in charge of nonfinancial assistance, said the company was working on another 30 projects worth $85 million. They range from railway transport and radioelectronics to metallurgy, pharmaceutics and agricultural products.

    The Russian Export Center is a one-stop-shop for exporters that was set up in 2015. Apart from providing financial and nonfinancial support, it is responsible for interacting with relevant state ministries and agencies.


    Armenia Disapproves of Azerbaijan's Arms Purchases From Russia - FM
    Azerbaijan Interested in Russia's MC-21 Airliners - Foreign Minister
    Russia Would Have to Spearhead Project to Help Create Iran's Mega Canal
    NATO Senior Generals Admit Spearhead Force ‘Too Vulnerable’ Against Russia
    financial support, state-owned companies, export, financial aid, Russia, Azerbaijan
    Community standardsDiscussion