12:02 - 20.12.2023

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December 20, Fineko/abc.az. The Turkish investments in Azerbaijan have reached $12 bn and Azerbaijani companies’ investments in Türkiye exceeded $19.5 billion.

ABC.AZ reports that Turkish Vice President Cevdet Yilmaz said about this at an event with the participation of businessmen of the two countries.

Yilmaz noted he expects even greater increase on these indicators.

"The presidents of Azerbaijan and Türkiye have set us the task of increasing the volume of trade between the countries up to $15 bn. Every year we are getting closer to this goal. In this context, we consider the Preferential Trade Agreement signed between the countries to be very important. This document is of key importance for the expansion of economic ties between the countries," he added.