Ruhsar Pekcan: Azerbaijan and Turkey have to start working on a free trade agreement

“We’ll go on working for the development of trade and economic relations between Azerbaijan and Turkey,” said Ruhsar Pekcan, the Minister of Trade of Turkey, who is on a visit to Azerbaijan, Report informs, citing Anadolu.

According to him, the preferential trade agreement between the two countries entered into force: “List of those products is limited. Currently, we are working on 150 sorts of products. However, However, the Free Trade Agreement on the basis of common market principles is appropriate for Azerbaijan and Turkey. We must target Free Trade Agreement.”

“We have to discuss liberalization in our trade. In order to reach the goal of $15 billion trade turnover, we need to remove barriers to trade and trade more in national currencies,” she added.

The minister emphasized the significance of the investments: “We are ready for any cooperation in infrastructure projects in the territories destroyed by Armenia. Moreover, the cooperation in digital trade must be improved. Fees for Azerbaijani transit crossings should be raised, and for Caspian Ro-Ro should be reduced to acceptable levels.”