TURKMENBASHI, Turkmenistan, October 8. Last
year, Azerbaijan's trade turnover with the countries of Central
Asia grew by more than 50 percent, President Ilham Aliyev said as
he addressed the 8th Consultative Meeting of the Heads of
State of the Republic of Azerbaijan and Central Asia in
Turkmenbashi, Trend's special correspondent reports.
“Today, over 400 companies with capital originating from Central
Asian countries actively operate in our country. In recent years,
Azerbaijan has established joint investment funds with Kazakhstan,
Uzbekistan, and Kyrgyzstan. The capital of each of these funds
amounts to hundreds of millions of dollars,” the head of state
emphasized.
The President of Azerbaijan noted the need to make more active
use of the potential of these investment funds, primarily for the
implementation of joint projects, the creation of new manufacturing
facilities, and the expansion of industrial cooperation. “We must
not only increase mutual trade; it is important to jointly invest,
produce, and enter external markets,” he added.
