Turkey, Azerbaijan specifying details of trading in national currencies
Date: 17.02.17, 14:14
"Increase of trade turnover between Turkey and Azerbaijan is important”, Minister of Science, Industry and Technology of Turkey Faruk Özlü said at the fifth Turkey-Azerbaijan-Georgia business forum held in Istanbul.
He said that despite the global economic crisis, Turkey’s economy stably developed from 2009 till the third quarter of 2016. He noted that the decline in the third quarter of 2016 arose from instable situation in the world.
According to him, the export made up $141 billion, import - $198 bilion and the trade turnover with Azerbaijan fell to $2.4 billion in 2016: “Different discussions are being held in this in regard. One of them is to trade in national currencies. In 2016, 6.5% of Turkey’s foreign trade turnover was in TRY. We want to increase this figure”.
Read : 659
Please include a contact number if you are willing to speak to an AzVision.az journalist.
You can also contact us in the following ways:
Send your e-mails to [email protected]
Send pictures/video to [email protected]
Or, you can comment here:
Tell Me About Azerbaijan
Azerbaijan in Focus11 days in Mystic Azerbaijan
SCIENCE @ ENVIRONMENT
Other news from category Azerbaijan
Tension on frontline is continuation of Armenia’s political provocation such as `referendum` – FM
Book titled “Eight days in Armenian prison” by Khojaly genocide witness presented in Istanbul
New Azerbaijan Party holds event on occasion of 25th anniversary of Khojaly Genocide
Our main goal is to legally punish perpetrators of Khojaly genocide - Azerbaijani PM