Development directions of the economic factor of the Declaration on Allied Interaction between the Republic of Azerbaijan and the Russian Federation

The aim of the study is that a strong new economic and political event has taken place in Russia in recent years. The assessment consists of an analysis of the Azerbaijani-Russian trade turnover in international economic relations on the basis of statistical data. On February 22, 2022, in Moscow, the Presidents of Russia and Azerbaijan signed the Declaration on Allied Interaction between Azerbaijan and Russia. The use of 40 paragraphs is strongly intensified. However, this article mainly analyzes the economic areas that will be blocked between Azerbaijan and Russia on both sides. The research methodology is to assess the role of political and economic relations based on official data and using analysis and comparison methods. The results of the study - the problems of assessing trade turnover in economic relations between Azerbaijan and Russia over the past 10 years - are analyzed.

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