The Azerbaijan-Turkey-Russia cooperation format will be beneficial for the whole region, said the Chairman of the Turkish-Russian Business Council Tuncay Ozilhan, Gazete Vatan newspaper reported Aug. 12.

Ozilhan also said that this format will open up new opportunities for Turkey.

“The Azerbaijan-Russia-Turkey format will allow Ankara to enter new and important markets, and companies of the country – to receive contracts for new works,” he noted.

Earlier, during his meeting with Russia’s President Vladimir Putin Aug. 9 in St. Petersburg, Turkish President Recep Tayyip Erdogan said that Azerbaijan, Turkey and Russia can create a trilateral mechanism of cooperation.

Erdogan added that Turkey and Russia have a positive attitude to the creation of a trilateral cooperation mechanism.