Ankara to host Azerbaijani-Turkish Business Forum
Azerbaijan, Baku, April 13 / Trend A. Akhundov /
The Azerbaijani-Turkish Business Forum will be held in Ankara on April 15, the Turkish embassy in Baku said.
The Azerbaijani delegation will be headed by Minister of Economic Development Shahin Mustafayev. The Turkish delegation will be headed by Minister of State for Foreign Trade Zafer Caglayan. The Azerbaijani delegation headed by Mustafayev will leave for Ankara on April 14.
According to the Azerbaijani State Statistics Committee, the trade turnover between Azerbaijan and Turkey amounted to $942.165 million in 2010, while $771.274 million fall to import, $170.894 million - on export.
According to Ankara's Chamber of Commerce, Turkey's direct investments in Azerbaijan reached $3.8 billion.
"The most investments, hitting $3.6 billion, fall to the energy sector," the head of the Chamber of Commerce Sinan Aygun said earlier. Turkey has invested $ 170 million in the communications sector of Azerbaijan."
Azerbaijan is after the Netherlands on the volume of Turkish investments abroad.