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Turkic Speaking States offered to use national currencies in trade

Business Materials 21 December 2016 16:28 (UTC +04:00)
Turkic Speaking States should use their national currencies in trade operations, said Turkish Economy Minister Nihat Zeybekci.
Turkic Speaking States offered to use national currencies in trade

Baku, Azerbaijan, Dec. 21

By Orkhan Quluzade - Trend:

Turkic Speaking States should use their national currencies in trade operations, said Turkish Economy Minister Nihat Zeybekci.

He made the remarks during the 6th meeting of Cooperation Council of Turkic Speaking States (Turkic Council) in Baku Dec. 21.

Zeybekci noted that Turkey plans to switch to calculations in national currency in mutual trade with Azerbaijan.

Moreover, Azerbaijan and Turkey intend to simplify customs procedures for trade of several goods, he added.

In general, the minister thinks that the Turkic Council states should enhance economic ties, in particular, in such spheres as tourism, healthcare and others.

Zeybekci added that Azerbaijan and Turkey have to use the existing big potential between the two countries for the development of cooperation.

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Follow the author on Twitter: @o_quluzade

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