Azerbaijan confirms plans to increase investments in Turkey up to $20 bn by 2020

Azerbaijan confirms plans to increase investments in Turkey up to $20 bn by 2020

Economy Minister Shahin Mustafayev of Azerbaijan received Turkish Ambassador to Azerbaijan Erkan Ozoral.

During the meeting Minister Mustafayev stated that Turkey is the main trading and investment partner of the country.

"Turkey has invested $10.1 bn in Azerbaijan’s economy, including $2.6 bn in the nonoil sector. Azerbaijan invested $7.9 bn in Turkey’s economy, and by 2020 the volume of Azerbaijani investments are going to increase up to $20 bn," the minister said, abc.az reports.

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