On the initiative of Azerbaijan, the model “Made in Turan” was created – 2024-05-24 22:17:59

by times news cr

2024-05-24 22:17:59

At this time, in Kazakhstan, on the initiative of Azerbaijan, the “Made in Turan” model has been created, uniting logos of the Turkic world.

Chairman of the Board of the Azerbaijan Franchising Affiliation Jamid Movsumov informed Development about this, Day.Az stories.

He famous that the creation of the “Made in Turan” model implies a transition to a unified labeling of merchandise produced by UTC member international locations.

“Because of the particular advantages that might be acquired for the Made in Turan model, commerce turnover between international locations will enhance and financial ties might be strengthened. The introduction of the Made in Turan model marks a brand new period for manufacturers of the Turkic world. Because of this branding coverage, logos of the Turkic states will confidently transfer ahead on the trail to changing into international manufacturers due to particular advantages, commerce turnover between the Turkic states will enhance. The “Made in Turan” model will contribute to the popularity of the Turkic world as an necessary financial power all through the world. We’re planning to open buying and selling homes. “Made in Turan,” he mentioned.

It needs to be famous that cooperation between the member international locations of the Group of Turkic States (OTS), wherein greater than 200 million folks stay, is increasing not solely within the political, financial, commerce, cultural, transport, vitality, agricultural, tourism and different spheres, but additionally in areas comparable to safety, protection business.

The placement of the international locations of the Turkic world on the historic Silk Highway signifies that additionally they play an necessary position within the rising commerce turnover between East and West. In keeping with statistics, the day by day commerce turnover between China and European international locations is greater than US$1 billion. The placement of the international locations of the Turkic world on this necessary commerce route creates the circumstances for the UTC to change into an financial power within the area. Thus, the overall commerce turnover of the UTC member international locations within the international financial system is 536 billion US {dollars}.

The member international locations of the UTC are situated alongside the Center Hall route, which is taken into account strategic on a worldwide and regional scale. It’s of strategic significance for the UTC member states.

The gross home product (GDP) of the UTC member international locations is US$1.5 trillion, and their commerce turnover is US$1.2 trillion. On the whole, UTC member international locations account for two.4% of world commerce turnover.

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