BAKU, Azerbaijan, April 2. Negotiations have begun on an important agreement on the development of services and investment within the framework of the Organization of Turkic States (OTS), OTS Secretary-General, Kubanychbek Omuraliev said, Trend reports.
He made the announcement during the second meeting of the heads of government and vice presidents of the member states of the Organization of Turkic States (OTS) in Baku.
“The agreement must be ambitious and practical. Kazakhstan initiated this process. We also call on Kazakhstan, Kyrgyzstan, and Türkiye to ratify the Agreement on Partnership in the Digital Economy as soon as possible, which will increase trust in digital transactions and expand e-commerce,” he said.
Omuraliev also noted that the Union of Chambers of Commerce and Industry of Turkic States could become more effective through institutional capacity building and the activation of the private sector’s role.
“In this context, the establishment of the Turkic Investment Fund will be an important step in supporting small and medium-sized businesses and increasing mutual trade,” he emphasized.