ECONOMY


Istanbul to host Azerbaijan-Turkey-Georgia business forum

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Baku, November 11, AZERTAC

The fifth Azerbaijan-Turkey-Georgia trilateral business forum will be organized in Istanbul on November 16.

Turkey is one of Azerbaijan`s largest trade and investment partners as it invested $10.1 billion in the country`s economy, including $2.6 billion in the non-oil sector.

Azerbaijan invested $7.9 billion in the Turkish economy.

It is expected that by 2020 the total amount of Azerbaijan’s investment in Turkey will make $20 billion.

More than 2,600 Turkish firms operate in Azerbaijan, while more than 1,700 Azerbaijani companies work in Turkey.

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