
The economic development of the Turkic world will be strengthened in five main directions, said Baghdad Amreyev, the president of the Turkic Investment Fund (TIF), Report informs.
Speaking at the event “Turkic Investment Fund and Union of Turkic Chambers of Commerce and Industry (TCCI): Information Meeting and B2B for Business Leaders” in Baku, Amreyev highlighted the importance of eliminating barriers in trade and investment.
He stated that first of all, it is important to eliminate barriers in trade and investment. “Additionally, strengthening transport and energy connections, expanding regional supply chains, promoting innovation and digital transformation, as well as strengthening financial cooperation and developing joint financing mechanisms are among the priorities.”
The president emphasized that the first Memorandum of Understanding in the history of the Turkic Investment Fund and its subsidiary organization TCCI is being signed.
Praising this event, Amreyev noted that this is not just a signing ceremony, but also a significant day for the business community of the Turkic world: “Within the framework of Turkic World Vision 2040, the goal is to create a unified economic space that facilitates the free movement of capital, people, goods, and services among Turkic countries.”