Shahin Mustafayev: “Nearly 3 thousand Turkish companies operate in Azerbaijan”

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Baku, May 13, AZERTAC

“Turkey is one of the main trade partners of Azerbaijan. Nearly 3 thousand Turkish companies operate in our country, while nearly 1,600 Azerbaijani companies operate in Turkey”, said Azerbaijani Minister of Economy and Industry Shahin Mustafayev, on May 12, at the meeting with the President of the Union of Chambers and Commodity Exchanges of Turkey (TOBB) Rifat Hisarcıklıoğlu, who is visiting Baku to attend the “B20 Azerbaijan regional advisory forum”.

At the meeting, Azerbaijani minister highlighted the discussions of the development of entrepreneurship, the importance of B20 platform offering G20 for establishing relations between the business communities of the countries and global policy makers. He said that, political and economic relations between Azerbaijan and Turkey reached the level of strategic cooperation and develop successfully in all directions. Mr. Mustafayev also stressed the role of mutual visits of the presidents of two countries and bilateral meetings in the development of cooperation between the two countries.

“Our countries are active participants of large-scale energy and transport projects, as The Baku-Tbilisi-Ceyhan, Baku-Tbilisi-Erzurum, Baku-Tbilisi-Kars and TANAP. As well as Turkish companies are involved as subcontractors in the projects implemented in Azerbaijan”, Mustafayev added.

Emphasizing the role of the private sector, Mustafayev stressed the importance of TOBB in developing relations between the businessmen. The Minister also hailed that, Turkey supports Azerbaijan's fair position in the Armenia-Azerbaijan, Nagorno-Karabakh conflict.

President of TOBB Rifat Hisarcıklıoğlu, in turn, expressed his impressions about the visit and rapid development of Azerbaijan. He said that, the countries have favorable opportunities for development of economic cooperation, as well as trade relations, in which the private sector plays an important role.

Mr. Hisarcıklıoğlu shared his views on Azerbaijani-Turkish economic cooperation, as well as the expansion of relations between businessmen.

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