BAKU, Azerbaijan, July 10. Azerbaijan and Türkiye have discussed issues of expanding economic partnership, TurkicWorld reports.
According to the Ministry of Economy of Azerbaijan, First Deputy Minister of Economy Elnur Aliyev held a meeting with Turkish Deputy Minister of Industry and Technology Ahmet Yozgatlıgil within the framework of his business visit to Yekaterinburg, where the Innoprom industrial exhibition is underway on July 8-11.
Furthermore, it was emphasized at the meeting that the partnership between Türkiye and Azerbaijan is being strengthened in all directions. The sides discussed opportunities for further expansion of economic relations, including mutual investments, exchange of experience in the field of industry and technology, as well as strengthening cooperation in other areas.
In addition, the sides noted the importance of the ongoing initiatives in the field of industry and high technology to ensure sustainable economic development of both countries.
The meeting also discussed the expansion of trade and economic ties, the participation of Turkish entrepreneurs in new projects implemented in Azerbaijan, and investments in industrial parks and quarters.
To note, Azerbaijan's FDI in Türkiye's economy in the first quarter of the current year amounted to $40 million, and Türkiye's FDI in Azerbaijan's economy amounted to $261.4 million.
