ECONOMY


‘Azerbaijan, Dagestan develop trade and economic cooperation’

Baku, March 9, AZERTAC

“Dagestan actively develops trade and economic ties with Azerbaijan,” RIA Dagestan quoted Minister of Industry and Trade of the Republic of Dagestan Yusup Umavov as saying. "Trade and economic relations with the Islamic Republic of Iran, as well as the Republic of Azerbaijan are developing most actively,” Umanov said, adding that six cooperation agreements were signed between Azerbaijan and Dagestan. He also said that an investment project for the construction of a trade and logistics complex was launched as part of the cooperation agreement. According to Umanov, Azerbaijani company QLASS HAUS and KZLS JSC signed a $5 million agreement to supply sheet glass to Azerbaijan. According to the minister, foreign trade of Dagestan in the past year amounted to 252,600,000.

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