BAKU, Azerbaijan, December 14. Azerbaijan's political ties with Türkiye and Turkmenistan are at a high level, Azerbaijani President Ilham Aliyev said during his speech at the first trilateral summit of the heads of Azerbaijan, Türkiye and Turkmenistan on December 14, Trend reports.
"The political relations of Azerbaijan with both Türkiye and Turkmenistan are at a high level. The Shusha Declaration signed with Turkiye last year elevated our relations to the level of strategic alliance. In 2017 the Declaration on Strategic Partnership was signed between Azerbaijan and Turkmenistan.
Our countries provide mutual support and cooperate with each other within the framework of international organizations, including the UN, Organization of Islamic Cooperation, Organization of Turkic States, OSCE and other institutions.
Our relations built on historical bonds create opportunities for the development of cooperation between our countries in economy, trade, transport and logistics and other areas.
In January-October 2022, Azerbaijan’s trade turnover with Türkiye increased by 45 percent and reached 5 billion US dollars.
Nearly 20 billion US dollars have been invested from Azerbaijan to Türkiye’s economy, and some 14 billion US dollars have been invested by Türkiye into Azerbaijan’s economy.
This year, the trade turnover with Turkmenistan increased five times, marking record level to date.
Azerbaijan, Türkiye and Turkmenistan have attained substantial success in the transport and logistics area. Many projects have been implemented by our countries, which in turn create new opportunities for cooperation in the field of transport connectivity," said the head of state.