The volume of Iranian and Russian investments in the Azerbaijani economy is growing. After last year's summit, Iranian companies invested heavily in the construction of automobile and pharmaceutical production plants in Azerbaijan. A Russian company is investing heavily in the construction of another pharmaceutical factory. Azerbaijan, in turn, has also increased investment in both countries. These investment projects are a manifestation of mutual friendship and trust.

From the speech at the Trilateral Summit of heads of state of Azerbaijan, Iran and Russia
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