So far, Azerbaijan has invested $19.5 billion in the economy of Turkiye, and Turkiye has invested $12 billion in the economy of Azerbaijan, Orkhan Mammadov, Chairman of the Board of the Small and Medium Business Development Agency (SMBDA) under the Ministry of Economy, said at the Turkish Financial Sector Leaders’ Summit in Baku.

“Currently, about 2,000 Azerbaijani companies operate in Turkiye and more than 4,100 Turkish companies in Azerbaijan,” he said.