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Türkiye one in every of Azerbaijan’s primary buying and selling companions – minister



BAKU, Azerbaijan, July 27. Türkiye is one in every of
the principle buying and selling companions of Azerbaijan, Azerbaijan’s Economic system
Minister Mikayil Jabbarov mentioned at a gathering with Turkish Business
Minister Omer Bolat, the clicking provider of Azerbaijani Economic system
Ministry informed Development.

In step with Jabbarov, fraternal and allied ties between
Azerbaijan and Türkiye foster financial cooperation building and
sped up implementation of joint tasks.

“The settlement on preferential business between the nations and
the Protocol on amendments to this record give an extra
impetus to the strengthening of business and financial cooperation,”
Jabbarov mentioned. “The fraternal states perform a success
funding cooperation, business turnover within the non-oil sector is
rising. Huge-scale tasks applied with the participation of
Azerbaijan and Türkiye give a contribution to the diversification of
regional cooperation and alter the placement within the area.”

Bolat emphasised pleasant and fraternal family members, in addition to
strategic partnership between the nations with not unusual values,
raised the problem of strengthening the discussion between trade
circles and wired the significance of unleashing the whole financial
possible.

The events additionally mentioned tasks to extend financial
partnership and alternatives of cooperation within the fields of
delivery and tourism, in addition to standardization programs and
technical laws.

But even so, throughout assembly with the Head of the Turkish
Presidency’s Finance Administrative center Goksel Asan, Jabbarov mentioned the
importance of the Azerbaijani-Turkish union for financial
partnership, selling mutual investments and trade cooperation
alternatives.

The minister additionally identified the a success building of
business and financial cooperation, in addition to the worldwide and regional
tasks applied with the participation of each nations.

Cooperation within the fields of economic system, business, finance, insurance coverage,
delivery and effort give a contribution to the diversification of the
economies of Azerbaijan and Türkiye.

The events wired that joint actions and shut cooperation
of industrial circles will give a contribution to the additional deepening of
family members and building up in business turnover and funding.

As of December 2022, Azerbaijan invested about $20 billion in
the Turkish economic system, and Türkiye – about $14 billion within the
Azerbaijani economic system.

Within the first part of 2023, business turnover between the nations
amounted to $3.9 billion (a year-on-year building up of 34.82
%).

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