According to him, this progress is the result of not only intergovernmental relations between the two countries, but also efforts of the two countries’ entrepreneurs.
Ozoral noted that the deepening of economic relations between Azerbaijan and Turkey will increase the two countries’ welfare and contribute to reduce poverty.
According to Azerbaijan’s State Customs Committee, trade turnover with Turkey amounted to $552.69 million in 1Q17, some $308.7 million of which accounted for export to Turkey.
Turkey is one of major trade and economic partners of Azerbaijan. As of Apr. 1, 2017, Turkey ranked the second among Azerbaijan’s foreign trade partners.
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