Turkey, Georgia and Azerbaijan intend to increase the volume of mutual trade up to $20 b, said Turkey’s Deputy Economy Minister Fatih Metin at the 5th Turkey-Azerbaijan-Georgia business forum in Istanbul January. 17.

Metin said that a company forum in such a structure is important not only to add mass to economic cooperation, but also for rapprochement of the three places in social area. The deputy economy minister noted that Ankara works on elimination of obstacles from the trade among Game hen, Azerbaijan and Georgia.

“An settlement on free deal between Turkey in addition to Georgia and the debate of an agreement with preferential trade between Game hen and Azerbaijan open large opportunities for the development of enterprise relations among the three countries,” he said.

The structure of economies of Turkey, Georgia and Azerbaijan is exchangeable: via research and innovative potential regarding Turkey, natural and also geographical opportunities involving Georgia and strong power infrastructure of Azerbaijan it is easy to start several joint initiatives, which will lead to the development of industrial cluster in all three international locations, added the Turkish reverend.

During the period of sweeping transformation of the world wide economic system, the geographical dialogue is extremely important, claimed Rona Yircali, a member of Turkey’s Foreign Market Relations Board (DEIK).

“We, when three neighboring areas, should work together for any continuation of economic development in our region. Development of economy will bring tranquility and prosperity to the region,” known Yircali. “The effective cooperation amongst Turkey, Azerbaijan and Ga can be an example regarding other countries.”

He put in that currently, your trade turnover between Turkey, Azerbaijan and Ga totals $4.2 billion dollars.

The Azerbaijan-Georgia-Turkey business forum, organized with the support of your Azerbaijan Export and Assets Promotion Foundation (AZPROMO), also are attended by Azerbaijani Economic climate Minister Shahin Mustafayev, Turkish Economy Minister Nihat Zeybekci and Georgian Economy and Sustainable Development Minister Giorgi Gakharia.

Azerbaijan’s trade turnover using Turkey amounted so that you can $2.3 billion throughout 2016, with Georgia C to almost $395 million, according to Azerbaijan’s Declare Customs Committee. Game hen became Azerbaijan’s main exchange partner and Ga ranked the Twelfth in 2016.

Source: trend

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