On 14 February 2025, H.E. Amb. Kubanychbek Omuraliev, Secretary General of the Organization of Turkic States (OTS) attended and delivered a keynote speech at the event titled “Turkic Investment Fund (TIF) & Union of Turkic Chambers of Commerce and Industry (TCCI): Informative meeting with business leaders and B2B”, held in Baku, Azerbaijan.
In the beginning of his address the Secretary General highlighted the key outcomes of the OTS 11th Summit in Bishkek, including the signing of the Digital Economy Partnership Agreement (DEPA), Memorandum on the Council of Central Banks, and the Turkic Green Finance Council. It was noted that these initiatives aim to boost trade, attract investment, and promote sustainable development among OTS Member States.
At his speech Ambassador Omuraliev informed the participants about the OTS region's vast economic potential, including its strategic position as a global trade hub. He emphasized the importance of initiatives like the Middle Corridor and the China-Kyrgyzstan-Uzbekistan railway project in fostering regional integration and economic growth. By commending the activities of the TCCI as an already institutionalized Organization Ambassador Omuraliev encouraged its further strengthening and active contribution to expanding business ties among Turkic States. The Secretary General informed that once operational TIF will support small and medium-sized enterprises (SMEs), fund key infrastructure and economic projects, facilitate trade and investment among OTS members and enhance regional economic stability and cooperation.
The business forum brought together high-ranking officials and around 300 business leaders from Turkic States to discuss economic cooperation and explore investment opportunities. The event also featured country-specific investment opportunities, with a focus on women entrepreneurs and public-private partnerships.
During the forum a presentation was made by TIF on the procedures and criteria for the projects to be financed. In the framework of the event, the Memorandum of Understanding was signed between TCCI and TIF, which aims to boost intra-regional trade, attract investments, and strengthen private sector development across the Turkic world.
A B2B networking session concluded the event.
