Selcuk Akat: “A free trade agreement must be signed between Turkey and Azerbaijan”

Selcuk Akat: “A free trade agreement must be signed between Turkey and Azerbaijan”
  • Clock-gray 17:28
  • calendar-gray 09 February 2021

A volume of trade turnover between Turkey and Azerbaijan makes up about USD 4,5 bln, and it was aimed to reach this figure to 15 bln dollars, said head of the Turkish-Azerbaijani Business Council at the Council for Foreign Economic Relations of Turkey (DEIK) Selcuk Akat, APA-Economics reports citing Anadolu.

“A free trade agreement must be signed between countries in order to avoid possible reductions once the target is reached” S. Akat noted.

S. Akat noting the priority plans in the future said that it also includes the investment to Karabakh. Operating of transition corridor from Nakhchivan to Azerbaijan will lead to reductions in transportation prices in coming period.

Head of Council noted that in order to improve economic relations, It is considered to hold an online meeting every week with the participation of DEIK management.

Huseyn Veliyev

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