Union of Chambers and Commodity Exchanges of Turkey

“This corridor will give us a cost advantage in every way. We must make the Caspian Sea the sea that unites us, not divides us. In this context, we should expand the transport lines which operate between Azerbaijan, Kazakhstan and Turkmenistan at regular and competitive prices.”

The 2^nd General Assembly of the Turkic CCI was held online under the leadership of M. Rifat Hisarcıklıoğlu, President of the Turkic CCI and President of the Union of Chambers and Commodity Exchanges of Turkey (TOBB), with the participation of Ambassador Bahgdad Amreyev, Secretary General of the Turkic Council, and the heads of business organizations of Azerbaijan, Kazakhstan, Kyrgyzstan, Hungary and Uzbekistan.

In his speech, Hisarcıklıoğlu pointed out that while celebrating Azerbaijan's victory, a new opportunity for hope has been born, especially in logistics, to reach Central Asia directly through Azerbaijan. “The Lachin Corridor is a great opportunity for us. As TOBB, we are open to all cooperation to this end,” Hisarcıklıoğlu said.

- 580 billion dollars of trade volume reached

Hisarcıklıoğlu, who reported that the Turkish Council members reached a volume of $580 billion in trade with the world last year, said, “Due to the pandemic, we expect a loss of 20% for 2020. In 2021, we hope to increase figures again. As members of the Turkic Council, the volume of trade among us does not satisfy us either. With the steps we will take in the field of production, marketing and logistics, we have the opportunity to significantly increase the trade among us.  Essentially, we should aim for more in trade and investment between our countries. For this, we must make the investment environment more investor-friendly.”

Hisarcıklıoğlu said that Turkey has taken continuous steps to expand and deepen its relations with the Turkic world, and that Turkish entrepreneurs have investments of close to $17 billion in Turkic Council member countries. Likewise, Hisarcıklıoğlu said that the investments of Turkic Council member countries in Turkey are around $20 billion, “These investments provide employment to tens of thousands of people. We also have serious initiatives in the service sector.”