Turkish export development center (Д°GEME) studies Azeri market
Turkish export development center (Д°GEME) with External Trade Board of Turkey considers Azeri market a significant location for Turkish businessmen.
Trend reports from Turkey that the Center executives state the increase of operations in Azerbaijan upon putting BTC pipeline in operation.
В"Currency in amount of $50bn is to flow in the country within two years from oil export. Taking this into consideration, Azerbaijans GDP may rise to $22.6bn in 2008 with increase of private sector fraction to 85%. By 2008, investments in oil sector will amount $16.8bn, Д°GEME predicts.
The study underlines Azerbaijans role as Turkeys priority partner, taking into consideration its human potential, oil, gas, gold and cotton.
According to Д°GEMEs figures, in January-March 2006 Turkeys export to Azerbaijan amounted $131.5mln and import - $37.4mln.