Baku, Azerbaijan, Dec. 21
By Orkhan Quluzade – Trend:
Azerbaijan and Turkey will sign a preferential trade agreement, Turkish Economy Minister Nihat Zeybekci told reporters in Baku on Dec. 21 during the 6th meeting of economy ministers of the Cooperation Council of Turkic Speaking States.
Preparation of a list of preferential goods is currently being finalized, according to the minister.
The agreement is expected to be signed at the 6th meeting of the Azerbaijan-Turkey High-Level Strategic Cooperation Council, to be held in the first half of 2017, Zeybekci said.
Export of Turkish goods to Azerbaijan amounted to $2.9 billion in 2014 and $2 billion in 2015, while the import of Azerbaijani goods amounted to $291 million in 2014 and $232 million in 2015, Bulent Tufenkci, Turkish minister of customs and trade, has earlier said in an exclusive interview with Trend.
The minister added that it is planned to bring the trade turnover between Azerbaijan and Turkey to $15 billion in the coming years.
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