Turkiye's Baykar Makina Sets Up Office In Azerbaijan
Date
12/27/2022 2:10:41 AM
(MENAFN- AzerNews)
Sabina Mammadli read more The State Tax Service under the Azerbaijani Economy Ministry has
registered the Bayraktar technology Azerbaijan LLC, Azernes
report.
The company's authorized capital is AZN1.7 million
($1m) and it is chaired by Huseyn Topuz.
The company is registered at the following address:
Ahmed Rajabli Str., Narimanov District, Baku.
Baykar Makina is a Turkish aircraft manufacturing
company, founded in 1984, by entrepreneur Ozdemir Bayraktar.
The military cooperation between Azerbaijan and Turkiye first
emerged in 1992 with an agreement signed between the Azerbaijani
and Turkish governments on military education and weapon equipment
and deals to help strengthen the bond between the two nations.
On June 15, the two countries signed a memorandum on the
alliance that cemented the existing military, political and
economic cooperation.
The Shusha Declaration on Allied Relations that Presidents Ilham
Aliyev and 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 defense 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.
In an interview with Turkiye's Anadolu Agency on September 27,
President Ilham Aliyev said that the signing of the Shusha
Declaration raised bilateral relations to an even higher level.
---
Sabina Mammadli is AzerNews' staff journalist, follow her on
Twitter: @sabinammdl
Follow us on Twitter @azernewsaz
Tags: azerbaijan bayraktar baykar makina turkiye
MENAFN27122022000195011045ID1105356382
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.