Yilmaz noted that in 2023, the volume of Türkiye-Azerbaijan bilateral trade had reached $7.5 billion, with Türkiye ranking second in Azerbaijan's exports and third in its imports. /Photo: AA
The two sides signed a memorandum of understanding between the Foreign Economic Relations Board and the Small and Medium Business Development Agency of Azerbaijan, an agreement establishing a joint working group to facilitate commerce between the Türkiye's Trade Ministry and Azerbaijan's Economy Ministry, a cooperation agreement in the field of water, and a declaration of intent for cooperation in combating animal diseases.
He noted that in 2023, the volume of Türkiye-Azerbaijan bilateral trade had reached $7.5 billion, with Türkiye ranking second in Azerbaijan's exports and third in its imports. Asadov also mentioned that their visit to Türkiye had been productive, with the signature of several important documents. Expanding the scope of their preferential trade agreement would help diversify bilateral economic relations, he said, taking note of their agreement to boost mutual investments.