Istanbul to host Turkey-Azerbaijan-Georgia business forum
By Laman Ismayilova
The fifth Turkey-Azerbaijan- Georgia business forum organized by Azerbaijan Export and Investments Promotion Foundation (AZPROMO) will be held in Istanbul on February 17.
The forum will be attended by Azerbaijan's Economy Minister Shahin Mustafayev, Turkey's Economy Minister Nihat Zeybekci, Georgia's Minister of Economy and Sustainable Development Giorgi Gakharia, as well as other officials and businessmen, Azertac reported.
The trilateral business forum is assessed as important event in boosting of cooperation among businessmen and overall relations among Georgia, Azerbaijan and Turkey. The forum is traditionally followed by bilateral meetings among businessmen, during which expansion of business ties among entrepreneurs are discussed.
Azerbaijan, Turkey and Georgia are successfully cooperating in the political, economic, scientific, technical, and cultural spheres. The three countries are connected by several important regional projects, including the Baku-Supsa, Baku-Tbilisi-Ceyhan oil pipelines, Baku-Tbilisi-Erzurum gas line and Baku-Tbilisi-Kars railway.
So far, Azerbaijan invested $7.9 billion in the Turkish economy. By 2020 the total amount of Azerbaijan’s investment in Turkey is expected to make $20 billion.
Being the top foreign investor of Georgia, Azerbaijan invested some $434 million in the economy of the neighboring country within three-quarters of 2016.
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