Azerbaijani ambassador to Turkey Faik Baguirov said that Azerbaijan has turned into an important country able to make huge investments abroad.
According to him the State Oil Company of Azerbaijan invests in a number of countries including Turkey, Georgia, Ukraine, Romania and Bulgaria.
“The overall volume of investments which SOCAR is to invest into Turkey in 2017 may top $17bn” said Ambassador, adding “After Petkim is operated in full, Turkey will not spend $9bn for import and will be able to settle its current problems of deficit”.