Tuesday, 07 December 2021 01:15 GMT

Azerbaijan, Turkey mull strengthening multilateral co-op [PHOTO]

(MENAFN- AzerNews) By Vafa Ismayilova

Azerbaijani Foreign Minister Jeyhun Bayramov and Turkish Deputy Foreign Minister Faruk Kaymakci have discussed ways of strengthening cooperation in multilateral platforms, the Foreign Ministry reported on September 13.

At the meeting held in Baku on September 13, Bayramov pointed out the extensive agenda of the existing and dynamically developing bilateral cooperation between the two fraternal countries.

He also stressed the importance of strengthening cooperation on multilateral platforms.

Kaymakci conveyed the greetings of Turkish Foreign Minister Mevlut Cavusoglu and expressed satisfaction with the development of a strategic partnership between the two countries.

He highly appreciated Azerbaijan's assistance in extinguishing fires in Turkey and expressed his gratitude.

The parties also exchanged views on cooperation within the framework of international organizations, including the Organization of the Black Sea Economic Cooperation, the Organization for Economic Cooperation, and the Turkic Council.

During the 44-day war with Armenia in 2020, Turkey was among the first countries voicing political support for Azerbaijan. Turkey also backs Azerbaijan in the restoration of the country's liberated territories.

On June 15, 2021, Azerbaijan and Turkey signed a memorandum of alliance that cemented the existing military, political and economic cooperation.

The Shusha Declaration on Allied Relations that President Ilham Aliyev and his Turkish counterpart Recep Tayyip Erdogan signed during the first official visit to Shusha eight months after Azerbaijan's victory in the war with Armenia, also focuses on defence cooperation.

It affirms joint efforts by the two armies in the face of foreign threats. The declaration also pledges joint efforts for the restructuring and modernization of the armed forces. Moreover, the two nations affirm to encourage the execution of joint projects with the aim of developing capabilities in the field of sea, air, and space.

Azerbaijan and Turkey cooperate in various fields of economy and have jointly completed giant energy and infrastructure projects such as Baku-Tbilisi-Ceyhan, Baku-Tbilisi-Kars and TANAP.

Eleven agreements were signed between the two countries within the Azerbaijani-Turkish business forum held in Ankara on February 18. The agreements envisage the development of the Azerbaijani-Turkish cooperation in the economic, trade, and other spheres. 

The two countries set up a goal to bring the mutual trade turnover to $15 billion in 2023. It should be noted that so far, Turkey is Azerbaijan's second-largest investor followed by the UK.

In the first seven months of 2021, the trade turnover between Azerbaijan and Turkey amounted to $2.5 billion. The trade turnover between the two countries amounted to $4.1 billion in 2020.


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