BAKU, Azerbaijan, April 2. The Turkic States Investment Fund, the first financial institution among Turkic states, is expected to begin its financing activities in the near future, Türkiye’s Vice President Cevdet Yılmaz announced during a meeting of government heads and vice presidents of the Organization of Turkic States (OTS) member countries in Baku, Trend reports.
“We project that the Fund will imminently initiate its financial activities. Initiatives aimed at positioning it as a credible entity within the global arena hold significant value. Enhancing energy and transportation linkages between Turkic nations is of paramount importance when addressing both global and regional challenges,” Yilmaz delineated.
The Organization of Turkic States, formerly known as the Turkic Council, is an intergovernmental organization established in 2009 to promote comprehensive cooperation among Turkic-speaking nations. Focused on shared history, language, and culture, the OTS fosters partnerships in politics, economics, transportation, and education to boost regional stability and development.
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