In the network of this Intergovernmental agreement among Azerbaijan Republic and Sverdlovsk region, under the aegis of prime-minister of Azerbaijan Republic A.T. Rassizadeh and guvernor of Sverdlovsk region E.E. Rossel was founded and "Trade House "URAL"CC was registered on 10 September 2002 .

At solemn opening ceremony, included all attributes of intergovernmental importance activities, such as hoisting national flag, performing national anthem of Azerbaijan Republic and Russian Federation were presented: Chief Vice Prime-Minister of Azerbaijan Republic Mrs. A.A. Abbasov, Chairman of Government of Sverdlovsk region Mrs. A.P. Vorobyev, Ambassador of Russian Federation in Azerbaijan Republic Mrs. N.T. Ryabov, also members of the Government and business circles of Sverdlovsk region.

At opening took part members of almost all key ministries and state concerns of Azerbaijan Republic, also members of taking an active part on Azerbaijan market foreign company.