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Turkey Seeks To Boost Investment In Nakhichevan

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  • Turkey Seeks To Boost Investment In Nakhichevan

    TURKEY SEEKS TO BOOST INVESTMENT IN NAKHICHEVAN

    Asbarez
    Wednesday, October 27th, 2010

    BAKU (APA)-Nakhichevan has a 'special place' in Turkey's foreign
    policy as a territory that isolates Armenia from the rest of the
    region, Turkey's State Minister for Foreign Trade Zafer Caglavan
    said Wednesday speaking at a Turkish-Azeri business forum hosted in
    Kahkichevan , the Azeri Press Agency reported.

    "Armenia has been stuck between Nakhchivan and the rest of Azerbaijan
    with access only to Iran and Turkey," Caglavan said. "Nakhchivan has
    a special place in the foreign policy of our government. That's why
    we are here today."

    The forum attracted influential businessmen from Turkey and Azerbaijan
    and presented them with information about Nakhichevan's history, its
    course of economic development, and various business and investment
    opportunities in the area.

    According to APA, the meeting will end with the signing of a series
    of cooperation documents.

    Speaking to reporters during the event, Caglayan said Turkish
    businessmen have a "serious" interest in making investments into the
    Azeri controlled territory. He added that discussions were ongoing
    to establish the Nakhchivan-Turkey Business Council.

    "We want to establish a council that will help the businessmen. One
    should take advantage of bordering Nakhchivan. It would be better to
    create free trade zone on the border. It would increase mutual trade,"
    said Caglayan. "We can create a region without customs and trade
    with every part of the world. I gave necessary instructions. Turkey's
    General Directorate of Free Trade Zones will study the issue. It will
    be possible to set up this system without losing time."

    Caglayan said he had already appealed to Nakhichevan's authorities
    to support the endeavor.




    From: A. Papazian
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