Azerbaijan, US: Trade turnover increased by 7 percent

Baku, October 16, AZERTAC Trade turnover between Azerbaijan and the United States increased by 7 percent over the last 8 months and reached $ 416 million, said Sahil Babayev, Deputy Minister of Economy at the Azerbaijan-US business forum held in Baku. “235 US companies operate in Azerbaijan. The volume of US investments in Azerbaijan amounted $ 12.7 billion, while the volume of investments made by Azerbaijan to the United States reached $ 3 billion”, the Deputy Minister added.