Baku, Azerbaijan, May 23
By Anakhanum Hidayatova – Trend:
Latvia intends to increase the volume of trade with Azerbaijan, Latvian Ambassador to Azerbaijan Juris Maklakovs told Trend May 23.
The two sides have potential to boost trade and economic relations, according to the diplomat.
Unfortunately, the trade turnover between Azerbaijan and Latvia decreased by 28.93 percent in 2016 as compared to 2015, noted Maklakovs, adding that however, the volume of services rose, which indicates the availability of capacity in this area.
The ambassador added that intensive negotiations are underway on holding the Latvia-Azerbaijan intergovernmental commission’s meeting, which is planned to be held soon.
According to Azerbaijan’s State Customs Committee, trade turnover between Latvia and Azerbaijan amounted to more than $350,000 in the 1Q17.
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