Investments of Azerbaijan in Turkey to exceed $20B until 2020

The volume of Azerbaijani investments in Turkey will exceed $20 billion until 2020, Head of the Turkey-Azerbaijan Business Council of Turkey’s Foreign Economic Relations Board said July 19 in Istanbul.

Selcuk Akat noted that the trade turnover between Turkey and Azerbaijan amounted to $1.6 billion in 2016.

The largest part of the investments was made by Azerbaijani state oil company SOCAR, he added.

Source: en.trend.az

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