In August 2016 a trilateral meeting of the heads of Russia, Azerbaijan and Iran was held. This meeting was contributed, on the one hand, by formed neighborhood and partnership relations as a result of the general geography and close economic ties, on the other hand, by the remaining problems, global challenges, tension on the borders of the countries mentioned above.

On the agenda of the summit the issues were brought up, which are related to the multi-faceted co-operation in trade, transport, energy, culture, tourism; cooperation in financial, banking and insurance sectors; participation in projects of other countries; countering the global economic crisis; fight against terrorism; ensuring regional stability and security.

Among the scale projects discussed during the summit the experts have singled out the following:
- work on a convention on the legal status of the Caspian Sea,
- development and exploration, first of all in the Caspian region,
- a project of the construction of a railway line Rasht (Iran) - Astara (Azerbaijan) – the unit of the international transport corridor «North - South»,
- energy corridor development, due to the connection of Azerbaijani power lines with Iran and Russia,
- schemas of the shared use of the pipeline infrastructure for the transportation of raw materials etc.

The Special Working Group (SWG) on the level of deputy foreign ministers has been working on the development of the Convention since 1996. Five states have the coastline with the Caspian Sea, also Kazakhstan and Turkmenistan except the mentioned above. Already much has been done, in particular, an agreement on the delimitation of a part of the bottom of the Caspian Sea was made, the Framework convention for the protection of the marine environment, the Declaration on common approaches to the development of a convention on the legal status of the Caspian Sea were signed etc. At the summit it was underlined the necessity and importance to finish such work.

Completion of the specific section of the corridor Rasht (Iran) - Astara (Azerbaijan) will allow to organize a direct railway link from the Persian Gulf to Europe. The line «North - South» will help Russia to intensify the goods turnover with the Gulf countries, India and supply grain, equipment, medicines, fertilizers and agricultural machinery to these regions. Iran, in its turn, gets an opportunity to enter new markets, Azerbaijan - to increase the volumes and reduce the cost of supplies of fruits and vegetables to Russia. Europe, using such a corridor, will be able to provide diversification of trade flows. If this direction is efficient, Chinese exporters will include it with pleasure in the part of the Silk Road.

Today, Azerbaijan has turned from a country, importing electricity, to the country, exporting it. The connection of power lines of Azerbaijan with Iran and Russia opened even more opportunities. The power system of Azerbaijan functions in the parallel operating mode with the Unified Energy System of Russia in accordance with the existing agreement. In the future, joint efforts should contribute to form a reliable energy corridor for the energy exchange between the three countries and to enter new markets.

Following the results of the summit the leaders of the three countries signed the declaration, covering almost all areas of co-operation. New projects in the Caspian Sea, including in trade, transport, energy, will be able to diversify the trilateral trade and economic relations. According to the experts, the meeting in Baku may become a new and independent format of interstate co-operation, that allowed to consider it as a historical event.

Information agency Credinform offers the ranking of the largest Russian manufacturers of agrochemical products on the current assets to equity ratio.

The manufacturers of agrochemical products with the highest volume of revenue (TOP-10) were selected for the ranking, according to the data from the Statistical Register for the latest available accounting period (for the year 2014). Then the companies were ranked by decrease in the current assets to equity ratio (Table 1).

Current assets to equity ratio (х) characterizes the company's ability to maintain the level of its own working capital and replenish current assets in case of need at its own sources. This indicator is calculated as a ratio of company’s own current assets to the total sum of own assets. The recommended value ranges from 0,2 to 0,5.

Decrease of the indicator designates the possible delay in payment of receivables or tightening of trade credit conditions on the part of suppliers or contractors. The increase provides evidence of the growing ability to repay current liabilities.

For getting of the most comprehensive and fair picture of the financial standing of an enterprise it is necessary to pay attention to all available combination of ratios, financial and other indicators.

DOKTOR FARMER RUS LTD took the first line of the ranking with the value of the current assets to equity ratio equal to 1,31, which indicates a high efficiency of resources use. However, this company got unsatisfactory solvency index Globas-i, due to the fact that it is in the process of reorganization in the form of merger with another legal entity. In addition, this enterprise is one of four in the TOP-10, which admitted a loss or reduction of net profit and revenue in 2014 compared to the previous period.

JOINT STOCK COMPANY AUGUST INC. SOCIEDAD ANONIMA CERREDA FIRMA AVGUST, leading in the industry in terms of revenue, took the seventh line of the ranking. The share of this company in the total volume of revenue of the TOP-10 companies made 54%.

From the presented companies in the TOP-10 Du Pont Khimprom NJSC is the only one enterprise, which showed the normative value of the current assets to equity ratio.

LIMITED LIABILITY COMPANY VOLGA INDUSTRY showed a negative value of the coefficient. A large part of own working capital of this company is capitalized, that can lead to the slowdown in payment of receivables.

On the combination of financial and non-financial indicators nine companies got the highest or high solvency index Globas-i, that indicates their ability to repay its debt obligations timely and fully.

The total revenue of the TOP-10 enterprises made 21,7 billion rubles in 2014, that is by 20% more than in 2013. At the same time the total net income by 35% for the same period.

In the TOP-10 group of companies the average value of the current assets to equity ratio was 0,5 in 2014. It is within the standard value and indicates the ability of the industry leaders to provide the flexibility in the use of own funds. The industry average value of the ratio made 0,72.

In general, the industry shows a positive dynamics of production, as evidenced by the data of the Federal State Statistics Service (Rosstat) (Table 2).

*) – in the table the production growth from year to year (for 2016 – to the corresponding period of 2015) is highlighted in green, the decrease in production – in red.

Companies, producing agrochemical products, are distributed across country's regions unequal and biased to the most developed financial and industrial centers.

Thus, according to the Information and analytical system Globas-i, 100 the largest companies on the volume of revenue for 2014 are registered in 33 regions. The greatest number of them is registered in the following regions (TOP-8 Regions):