Potential of trade relations between Azerbaijan and Turkey ten times higher

Azerbaijan, Baku, Feb.4 / Trend A.Akhundov/

The potential of trade relations between Turkey and Azerbaijan is 10 times higher compared to the current level of trade, MP, a member of the Parliamentary Committee on Economic Policy Vahid Ahmedov said at a general meeting of the Association of Azerbaijani and Turkish Entrepreneurs (ATIB) on Saturday.

“Turkey is the closest friend and a partner of Azerbaijan but trade between the two countries is not on the level it might be,” Ahmedov said.

Ahmedov said, studies show that the potential for trade between the two countries amounts to $20 billion, while today it stands at about $2 billion.

Turkish Ambassador to Azerbaijan Hulusi Kilic stressed a big role of Turkish entrepreneurs in Azerbaijan’s economy and the Azerbaijani entrepreneurs in the economy of Turkey.

Kilic said, there are great opportunities for the further development of bilateral relations, including economic ones.

“Turkey and Azerbaijan always support each other. The reaction of Azerbaijan to discuss of “Armenian genocide” at the French Parliament can be a good example of it,” Kilic said.

via Potential of trade relations between Azerbaijan and Turkey ten times higher – Trend.