Turkish-Azeri trade to hit $5bn - minister
BAKU – The trade turnover between Turkey and Azerbaijan is expected to double to $5 billion in the next five years, Turkish trade minister Zafer Caglayan has said.
Caglayan said in an interview with Ecovision, a magazine set up by the two countries’ business union, that in the past five years bilateral trade has more than doubled to reach $2.416bn. Turkey’s exports accounted for $1.551bn of the amount, while imports of goods from Azerbaijan made up the remaining $865m, he said.
The minister added that Turkey’s exports to Azerbaijan increased 10.8 percent and imports 14.9 percent in 2010 in comparison with 2009.
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!