Daghestan benefits most from 5th Russian and Azerbaijan forum

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Makhachkala, June 27, 2014. Daghestan and Azerbaijan singed 4 out of 11 agreements arranged at the 5th Russian and Azerbaijan forum "Interregional cooperation: new growth potential", a source in the press service of the Daghestan head and government’s administration told RIA "Daghestan".

E.g., Daghestan and Azerbaijan agreed to collaborate in developing fisheries. In particular, "Old Garden" Agroholding" JSC and "CTC Holding" JSC plan to farm trout in Daghestan ponds, to build a fish cannery and to start a fish smokery.

"Daghestan Glass Containers" JSC and "Azersun Holding" JSC agreed on supplying glass containers to Azerbaijan, while "Yug Agro Holding" JSC and "Investment Eroup" agreed to build a greenhouse of 240,000 m² in Kumtorkali region, Daghestan. The "Daghestan" trading house and "Azeks-Fruit" signed an agreement to promote Daghestan manufacturers in Azerbaijan markets, and promote Azerbaijan manufacturers in Daghestan markets.

Participants of the forum also discussed new opportunities for cooperation in tourism. Advisor to Daghestan Tourism Committee Chair Natalia Belamerzaeva pointed out the great potential in developing not only traditional beach holiday, but also winter, cultural, historical, and ethnographic tourism.

The forum, organized by the Russian ministry of regional development and the Azerbaijan ministry of economy and industry, attracted about 400 people including public authorities, officials from the largest companies, businessmen, public figures, representatives of Russian regions and Azerbaijan.

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