Baku, Azerbaijan, Oct. 29
Trend:
Nakhchivan goods will be imported into Turkey without import duties, Azerbaijan's Economy Ministry said on Sunday.
According to the decision of the Cabinet of Ministers of Turkey, 43 product names (13 agricultural products, 30 manufactured goods) produced in Nakhchivan will be imported into Turkey without import duties and on preferential terms.
This was noted during the Turkish-Azerbaijani business forum held on Sunday in Igdir, Turkey. According to the decision of the Turkish government, annually goods produced in Nakhchivan worth $ 100 million will be imported to Turkey without paying import duties.
"This decision will bring a significant contribution to the development of the region and trade relations between Azerbaijan and Turkey," the Ministry of Economy said.