"There is a very close economic cooperation between Azerbaijan and the member countries of the Organization of Islamic Cooperation, and these relations are developing rapidly."

According to APA's Istanbul correspondent, Deputy Minister of Economy Sahib Mammadov said this to Azerbaijani journalists during his participation in the 38th meeting of the Standing Committee on Economic and Trade Cooperation of the Organization of Islamic Cooperation.

He noted that in January-October 2022, the trade turnover between Azerbaijan and OIC countries increased by 55.4% compared to the corresponding period of 2021, reaching 7.7 billion.

It was US dollars.

The Deputy Minister added that the share of OIC countries in Azerbaijan's foreign trade turnover was 16.5%.

Vusal Nabiyev