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Tajikistan, Azerbaijan have potential to increase mutual trade turnover - official

Economy Materials 20 May 2024 11:21 (UTC +04:00)
Tajikistan, Azerbaijan have potential to increase mutual trade turnover - official
Alyona Pavlenko
Alyona Pavlenko
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BAKU, Azerbaijan, May 20. Tajikistan and Azerbaijan have the potential to increase mutual trade turnover, Executive Director of the Azerbaijan Export and Investment Promotion Agency (AZPROMO) Yusif Abdullayev said during the Azerbaijan-Tajikistan business forum in Baku today, Trend reports.

"Tajikistan and Azerbaijan have immense potential to increase mutual trade. I hope this forum will help elevate economic relations to a new level," he said.

Abdullayev emphasized that the Tajikistan Investment Agency and AZPROMO are actively developing cooperation.

He also mentioned that several documents are expected to be signed as a result of the forum.

To note, data from the State Customs Committee of Azerbaijan shows that the trade turnover between Azerbaijan and Tajikistan in 2023 amounted to $6.1 million, which is an increase of 2.98 percent compared to 2022 ($5.9 million).

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