Russia has invested more than $6 billion in Azerbaijan, while Azerbaijan has invested $1.2 billion in Russia, Azerbaijani Deputy Prime Minister Shahin Mustafayev told a meeting of the Azerbaijan-Russia Intergovernmental Commission on Economic Cooperation in Baku, Report informs.
According to Mustafayev, Russian businesses are widely represented in many sectors in Azerbaijan.
“We are creating all the opportunities for the Russian investor to feel comfortable here. More than a thousand Russian companies operate in Azerbaijan,” he added.