Tajikistan and Azerbaijan sign agreements on projects for $700 million

11:44 - 22.05.2024

May 22, Fineko/abc.az. Following the joint Business Forum in Baku, Tajikistan and Azerbaijan signed more than 15 cooperation agreements for totally $700 million. 

ABC.AZ reports that memoranda of understanding and agreements on cooperation in the field of trade were concluded within the forum. Consignment agreements were also signed between the companies aimed at exchanging experience in such industries as textile production, cotton growing and export-import operations.

The trade turnover between Azerbaijan and Tajikistan in 2023 amounted to $11.4 million.
The main export goods from Azerbaijan to Tajikistan are petroleum products, construction materials, and food products.
The main export goods from Tajikistan to Azerbaijan are cotton, dried fruits, and aluminum.