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    Economics

    Investment Fund of Organization of Turkic States to be established

    Investment Fund of Organization of Turkic States to be established

    At the 11th meeting of the ministers of economy and trade of the member states of the Organization of Turkic States held in Samarkand on November 9, the Turkic states decided to set a solid basis for the implementation of large joint projects and initiatives and sign an agreement on the establishment of the Investment Fund of the organization.

    The participants of the meeting also considered the next steps in the development of multilateral trade relations, that is, the implementation of general comprehensive approaches to increase mutual trade within the organization.

    The ministers also touched upon the measures that help to ensure the stability of multilateral trade and economic relations.

    Taking into account the priority of this direction, the participants reached agreements on the unified approach of the member states and observers of the organization to ensure the continuous operation of transport corridors, customs and border checkpoints and logistics centers.

    Part of the ministerial meeting was devoted to the discussion of the organization's strategy for 2022-2026 by taking specific measures to ensure the implementation of the program document covering the development of political, trade-economic, social, cultural and security spheres.

    10.11.2022, 10:42   Comments (0)   581
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