Azerbaijan, Baku / Trend corr U. Ismayilova / The joint capital of the companies represented in Azerbaijani-Turkish Union (ATIB) makes up $750mln, the Chairman of the board of ATIB, Ahmet Erentok, told the Azerbaijani Taxes Minister, Fazil Mammadov, at a meeting dedicated to organization's offers on making several changes and supplements in the Tax Code.
According to Erentok, the organization unites 107 members. Over 30,000 employees are working in member companies of ATIB, and its companies' total investments in Azerbaijan comprised $3bln. Azerbaijani capital makes up 46% of the capital represented in ATIB, the joint capital comprises 36%, and Turkish capital 24%.
ATIB is an organization promoting development of the economic relationships between Turkey and Azerbaijan.