Putin travels to Azerbaijan for commercial projects Expert - EXCLUSIVE

Analytics 18:00 14.09.2018

Recently it became known that Russian President Vladimir Putin will visit Azerbaijan on September 25.

Eurasia Diary asked Russian historian Oleg Kuznetsov to comment on Putin's visit to Baku. He deems, that the visit is linked to the last boost in economic relations between Russia and Azerbaijan amid the stagnation of relations between official Moscow and Yerevan.

"Russia invested $ 4 billion in the Azerbaijani economy, which was actively broadcasted by the entire Russian and Azerbaijani press on the eve of President Aliyev's visit to Russia. What does it mean? This amount of investment has already surpassed the volume of Russian investment in Armenia. Thus, Russian business, as private, as well as state-corporate, sees in Azerbaijan not only a partner but also a stable capital and investment market. Azerbaijan became Russia's most capital-intensive partner in the South Caucasus. This means that all the money that Russia invested in Azerbaijan, she will not invest in Armenia.

Moreover, there is a completely different trend. The Russian business is starting to leave Armenia due to deterioration of political relations between Russia and Armenia. The outflow of capital must flow somewhere. The recent agreements signed during President Aliyev's visit to Russia open a broad investment space for both countries. In this sense, Azerbaijan is becoming a platform for joint earning money. Armenia is not such a platform. Any million dollars invested in the economy of Azerbaijan is another move to dragging out Russia's economic stranglehold in the neck of Armenia, "the expert says.

Kuznetsov is sure that the volume of economic cooperation rises sharply.

It is time for Russia when the country needs the inflow of foreign investments. Putin is coming to Baku in order to propose Azerbaijan a joint earning, taking into account their exclusive geographic location on Eurasian mainland.

The time of ideological stereotypes gradually recedes into the past, when for the sake of some idea money was thrown out to the wind. Russia now cannot afford this. The South Caucasus region becomes a priority for Russia, both in terms of geopolitical stability and security, and to receive additional revenue for the state budget. Putin's visit, just like Aliyev's visit to Sochi, will be aimed at the approval of joint commercial interstate projects. "

To conclude, Historian added amid business talks, negotiations between Aliyev and Putin will touch upon geopolitical background which is regarded as a factor of the active stimulator of economic relations.

Natalia Guliyeva

Correspondent of Eurasia Diary

Ilham Aliyev participates in High Level Segment of 15th Petersberg Climate Dialogue in Berlin - VİDEO

News line

President Ilham Aliyev and Chancellor Scholz making press statements
15:12 26.04.2024
Ambassador: Honest Baku-Yerevan negotiations may lead to positive results
14:58 26.04.2024
Armenia forced millions of people to leave their homes - Lawyer Talmon
14:51 26.04.2024
President Ilham Aliyev’s expanded meeting with Olaf Scholz commences in Berlin
14:17 26.04.2024
President Ilham Aliyev holds one-on-one meeting with Chancellor of Germany Olaf Scholz
14:00 26.04.2024
Azerbaijani President: ‘Our green agenda started to materialize prior to being awarded COP29’
13:42 26.04.2024
Germany's Scholz says new approach to combating climate change needed
13:29 26.04.2024
"Are NATO Forces Planning an Attack on Russia?" - Insightful Commentary from British Politician
13:14 26.04.2024
Tensions Rise as Chad Considers Expelling US Forces: US influence in Africa tumbles
Tensions Rise as Chad Considers Expelling US Forces: US influence in Africa tumbles
13:00 26.04.2024
President Ilham Aliyev: As the host country of COP29, Azerbaijan is in active phase of preparation
12:45 26.04.2024
Ilham Aliyev participates in High Level Segment of 15th Petersberg Climate Dialogue in Berlin - VİDEO
12:32 26.04.2024
Details of the expected peace agreement are explained by a political scientist
12:20 26.04.2024
The anniversary of the so-called "Armenian genocide" was held in Iran - PHOTOS
12:09 26.04.2024
Blinken expected in Israel on Tuesday to discuss Rafah operation, hostage deal - Media
Blinken expected in Israel on Tuesday to discuss Rafah operation, hostage deal - Media
11:54 26.04.2024
COP29 delegation meets Spanish minister for ecological transition
11:53 26.04.2024
Russian-Turkish Monitoring Centre in Azerbaijan's Aghdam ceased its activity - VİDEO
11:40 26.04.2024
ISW: If Russia captures Chasov Yar, this will open the way for it to the “defense belt”
11:22 26.04.2024
Chinese FM warns about possible risk of further expansion of Ukraine war
10:50 26.04.2024
Zelensky: 'NATO countries are afraid of Russia'
10:38 26.04.2024
Azerbaijani police discovered explosive devices in Khojavand
10:23 26.04.2024
Greece refuses to provide Ukraine with Patriot systems
10:12 26.04.2024
Price of Azerbaijan oil drops
Price of Azerbaijan oil drops
10:00 26.04.2024
Azerbaijani minister mulls preparations for COP29 with Annalena Baerbock
09:50 26.04.2024
US expands its sanctions list on Iran
US expands its sanctions list on Iran
09:38 26.04.2024
Azerbaijan relocates another 39 families to Fuzuli city
09:26 26.04.2024
Media: US Embassy in Russia is testing water quality to avoid being poisoned
09:00 26.04.2024
Armenian lobby plans provocative rally during Azerbaijani President's Germany visit
00:35 26.04.2024
Xavi agrees to remain Barcelona coach
Xavi agrees to remain Barcelona coach
22:00 25.04.2024
Plane of Azerbaijani President leaves for Berlin from Fuzuli Airport for first time
21:00 25.04.2024
20 border posts installed on Azerbaijan-Armenia border
20:00 25.04.2024
This could be the end of the world economy - Predictions from English politologue
19:25 25.04.2024
Anti-Azerbaijan and Türkiye banners raised in Ukraine on Anniversary of So-Called Armenian Genocide - VİDEO
Anti-Azerbaijan and Türkiye banners raised in Ukraine on Anniversary of So-Called Armenian Genocide - VİDEO
18:50 25.04.2024
Deadly floods wreak havoc in Kenya’s capital
18:29 25.04.2024
Armenia Continues Unsubstantiated Claims Against Azerbaijan in The Hague Court - VİDEO
18:08 25.04.2024
Polish FM: Russia's attack on NATO will result in Moscow's defeat
17:55 25.04.2024
China Facilitates Arms Trade Route Between North Korea and Russia, US Satellite Observations Reveal
17:48 25.04.2024
More than 100 prisoners escaped from prison due to rains in Nigeria
More than 100 prisoners escaped from prison due to rains in Nigeria
17:32 25.04.2024
Kobakhidze: Georgia to soon become member of European Union
17:12 25.04.2024
Kyrgyz President Zhaparov concludes his state visit to Azerbaijan
16:47 25.04.2024
Azerbaijani President Ilham Aliyev invites European Council President Charles Michel to COP29
16:34 25.04.2024
Hamısı