Ore deposit operations granted to Turkish companies
The operating rights of the ore deposits were granted to the Turkish companies for 30 years
Azerbaijan's Gashgachay, Elbaydash and Agduzdag ore deposits have been granted to Turkish mining companies for a period of 30 years.
President Ilham Aliyev signed the decree on 29 May.
The Qashqachay ore deposit will be allocated to Eti Bakır A.Ş. while Elbeydash and Agduzdag ore deposits will be granted to Artvin Maden A.Ş for the purposes of study, research, exploration, development and operation of the mineral deposits for 30 years.
Aliyev instructed the The Ministry of Ecology and Natural Resources and the Ministry of Economy to prepare the contracts within the next 3 months.
Kalbajar is one of the regions on Azerbaijani territory that Azerbaijan regained control of as part of the agreement to end the 2020 Nagorno-Karabakh War. Turkish arms support during the war helped Azerbaijan gain an upper hand.
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