Turkish companies eye to participate in privatization in Azerbaijan
Baku, Azerbaijan, Aug.5
By Orkhan Guluzade - Trend:
Turkish companies are interested to participate in privatization projects in Azerbaijan, head of the Turkey-Azerbaijan Business Council of Turkey’s Foreign Economic Relations Board Selcuk Akat told reporters in Baku Aug.5.
He noted that Turkish companies are also interested in increasing the volume of investments made in Azerbaijan.
Turkey-Azerbaijan Business Council is aimed at strengthening the ties between Baku and Ankara in the sphere of economy, added Akat.
He noted that the Business Council supports the work of Turkish companies in Azerbaijan and Azerbaijani companies in Turkey.
“Much depends on Turkish and Azerbaijani companies in strengthening the economic relations between the two countries,” said Akat.
Talking about the military coup attempt in Turkey, Akat said that it has slightly affected the country’s economy.
The trade turnover between Azerbaijan and Turkey neared $1.5 billion in 2015 and $1.1 billion of this volume accounted for the import from Turkey, according to Azerbaijan’s State Customs Committee.