Turkey, Azerbaijan to establish arms production company

Turkey, Azerbaijan to establish arms production company

PanARMENIAN.Net - Turkey will join forces with Azerbaijan to establish an arms production company in Baku, Today’s Zaman reported.

Azerbaijani company Azersimtel is currently holding discussions over the structure and scope of the new company's operations. The Turkish Mechanical and Chemical Industry Corporation (MKE) will reportedly hold a large share of the military facility. In the first stage of production, the company is expected to produce attack weaponry for the Azerbaijani armed forces.

In the following stages of production, the company will produce materiel, munitions and ammunition, as well. Using the trade networks of both Azerbaijan and Turkey, the arms company will most likely export some of its products abroad.

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