Italy Aims To Boost Its Share Of Exports In Trade With Azerbaijan - Chamber Of Commerce President
(MENAFN- Trend News Agency)
ROME, Italy, September 5. Italy aims to boost
its share of exports in trade with Azerbaijan, Manuela Traldi,
President of the Italian-Azerbaijani Chamber of Commerce, told
journalists, Trend
reports.
"Over the years, trade between Azerbaijan and Italy has seen
significant changes. In 2013, trade turnover was $8 billion, and by
2017, it had reached $17 billion, largely due to gas supplies from
Azerbaijan to Italy through the Trans Adriatic Pipeline (TAP),"
Traldi said.
She highlighted the current imbalance in trade, with Azerbaijan
exporting more to Italy than the other way around. "We need to
increase the share of Italian exports in our trade with Azerbaijan.
Right now, this figure is only a few hundred million euros. Despite
being a small country, Azerbaijan offers many opportunities for
growth and collaboration," Traldi noted.
Traldi also emphasized that the Italian government is working
hard to expand the presence of its companies in the Azerbaijani
market.
"It's important for us not only to see an increase in trade but
also in the number of contracts signed with Italian companies for
various projects. Our relationship with Azerbaijan is exceptional,
and more and more opportunities are opening up for Italian
businesses here," she added.
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