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Minister: Use of TRY and AZN in trading will insure our countries against external shocks

Azerbaijan and Turkey will insure themselves against external shocks by using Turkish lira and manat in trading, Turkish Minister of Economy Nihat Zeybekci said.

According to him, presidents of both countries gave instructions in this regard: “However, we don’t trade in national currency. I hope we’ll be able to eliminate this problem. As you know that we exempted 43 types of products worth $120 million from duty. These products had to be exported from Nakhchivan to Turkey. In other words, Turkey refused $20 million duty. We opened the doors for our brothers”.


 

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