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Diplomat: U.S. is interested in developing cooperation with Azerbaijan like with Turkey

Business Materials 25 November 2013 17:01 (UTC +04:00)
The U.S. has very successful economic cooperation with Turkey and would like to share this experience with Azerbaijan, trade adviser at the U.S. embassy in Turkey Michael Lally said at the Azerbaijan- American business forum in Baku on Monday.
Diplomat: U.S. is interested in developing cooperation with Azerbaijan like with Turkey

Baku, Azerbaijan, Nov. 25

By Emin Aliyev - Trend:

The U.S. has very successful economic cooperation with Turkey and would like to share this experience with Azerbaijan, trade adviser at the U.S. embassy in Turkey Michael Lally said at the Azerbaijan- American business forum in Baku on Monday.

"Around 1,300 companies with American capital are operating in Turkey," Lally said. "Their activity covers both the energy and non-oil sectors, as well as many other areas. The trade turnover between our countries reached record highs twice - in 2011 and 2012. The U.S. is interested in developing cooperation with Azerbaijan based on its success with Turkey."

While thanking the organizers of the forum, Lally invited Azerbaijani businessmen to make a return visit to Turkey.

"We invite companies and entrepreneurs from Azerbaijan to visit Turkey in May 2014, where they will meet with representatives of 15-20 U.S. companies operating in this country, establish contacts and discuss cooperation prospects."

According to the Azerbaijani State Customs Committee, the trade turnover between Azerbaijan and the U.S amounted to about $1.19 billion in January- October 2013.

Azerbaijani products worth $311.52 million were exported to the U.S during the reporting period, while imports from the U.S. to Azerbaijan amounted to about $877.17 million.

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