Kyrgyzstan Backs Launch of Turkic Investment Fund at Organization of Turkic States’ Summit

photo: Kazinform

Kyrgyzstan Backs Launch of Turkic Investment Fund at Organization of Turkic States’ Summit

During the recent meeting of the heads of government of the Organization of Turkic States (OTS), Adylbek Kasymaliev, Chairman of the Kyrgyz Cabinet of Ministers, has expressed strong support for the proposed creation of the Turkic Investment Fund under the OTS umbrella.

Kasymaliev emphasized that the establishment of the fund should be accompanied by a firm commitment to implementing impactful and necessary projects to benefit member states, The Caspian Post reports via Kazakh media.

“I hope you will support the initiative to hold the upcoming board of directors meeting for the Turkic Investment Fund in Bishkek later this year,” Kasymaliev stated. “Beyond launching the fund, the roles of the Chambers of Commerce and Industry and the Trade Promotion Committee within the Organization are essential for deepening economic ties. These bodies possess significant potential to foster business development, remove trade barriers, and provide crucial support to enterprises, particularly small and medium-sized businesses.”

He further highlighted Kyrgyzstan’s proactive role in promoting structured regional economic cooperation, noting the submission of a draft Roadmap aimed at boosting economic, trade, investment, and financial collaboration among OTS member countries.

Earlier reports confirmed that Prime Minister Olzhas Bektenov took part in the joint meeting of the President of Kyrgyzstan with the heads of government and Vice President of the OTS member states, held in Bishkek.

Related news

During the recent meeting of the heads of government of the Organization of Turkic States (OTS), Adylbek Kasymaliev, Chairman of the Kyrgyz Cabinet of Ministers, has expressed strong support for the proposed creation of the Turkic Investment Fund under the OTS umbrella.