OTS Secretary General met with the Leadership of the Turkic Investment Fund for discussing the prospects of the cooperation between the two institutions

OTS Secretary General met with the Leadership of the Turkic Investment Fund for discussing the prospects of the cooperation between the two institutions

On 5 February 2025 at the new headquarters of the Turkic Investment Fund (TIF), H.E. Amb. Kubanychbek Omuraliev, Secretary General of the Organization of Turkic States (OTS) met with TIF President H.E. Mr. Baghdad Amreyev and General Director, Mr. Ramil Babayev, to discuss avenues for strengthening economic cooperation among OTS Member States and Observers.
During the meeting, the Sides highlighted the significance of the TIF as a central mechanism for advancing regional development, boosting trade, and facilitating joint investment projects across the Turkic World. They discussed strategies to allocate resources to priority sectors, foster sustainable development, and enhance economic integration within the OTS framework. In this context, Ambassador Omuraliev stressed the need for soonest activation of the Fund for funding the concrete projects.
The TIF President outlined the Fund's goals and objectives, as well as its current operationalization process. The meeting also involved a review of ongoing projects and deliberations on new initiatives aimed at addressing regional challenges and seizing opportunities for economic growth. 
The OTS and TIF reaffirmed their dedication to strengthening cooperation and committed to working closely to implement joint initiatives that will enhance the economic resilience and competitiveness of the Turkic States.