Mutual investments of Azerbaijan and Türkiye announced

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The volume of investments made by Türkiye in Azerbaijan has reached $12 billion, and the volume of investments made by Azerbaijani companies in Türkiye has exceeded $19.5 billion, the Vice President of Türkiye Cevdet Yilmaz said during his speech at the Meeting of the Business World event, Report informs.

He noted that these indicators are expected to increase even more:

"The presidents of Azerbaijan and Türkiye set a goal for us to increase the volume of trade between the countries to $15 billion. We are getting closer to this goal every year. I hope we will reach this goal as soon as possible. In this direction, we consider the Preferential Trade Agreement signed between the countries to be very important. This agreement is important for the expansion of economic relations between the countries. An agreement was signed to expand the Preferential Trade Agreement."

Economy