Enhancement of collaboration between OTS and TIF was discussed

Enhancement of collaboration between OTS and TIF was discussed

On 24 December 2024 at the new headquarters of the Turkic Investment Fund (TIF), the Deputy Secretary General of the Organization of Turkic States (OTS) Mr. Merey Mukazhan together with the OTS Secretariat project directors responsible for economic cooperation held a productive meeting with the President of the Turkic Investment Fund H.E. Mr. Baghdad Amreyev to discuss avenues for strengthening economic cooperation among OTS Member States and Observers.
During the meeting, the Sides emphasized the importance of the TIF as a key mechanism for fostering regional development, enhancing trade, and supporting joint investment projects across the Turkic World. They explored strategies to mobilize resources for priority sectors, promote sustainable development, and deepen economic integration within the OTS framework.
Deputy Secretary General has briefed about the outcomes and action plan of the 11th OTS Summit held in Bishkek. He also informed about upcoming events in 2025 organized by the OTS.
During the meeting TIF President mentioned about the goals and targets of the Fund, as well as its current operationalization process. The meeting also included a review of ongoing projects and discussions on new initiatives aimed at addressing regional challenges and leveraging opportunities for economic growth. Both sides agreed to prioritize projects that align with the strategic goals of the OTS and the TIF, ensuring that they contribute to the long-term prosperity and stability of the region.
The OTS and TIF reaffirmed their commitment to deepening cooperation and pledged to continue working closely to implement joint initiatives that will strengthen the economic resilience and competitiveness of the Turkic States.