Creation Of Investment Fund Of Turkic-Speaking Countries To Stimulate Their Economic Dev't - Analyst
Date
5/31/2023 10:54:51 PM
(MENAFN- Trend News Agency) BAKU, Azerbaijan, May 31. The Turkic Investment
Fund will become the most effective factor in the integration of
Turkic-speaking countries, political analyst Aydin Guliyev told
trend .
Guliyev noted that the decision to create such a fund was made
at the summit in Kyrgyzstan a few months ago.
"The adoption of such a decision is a historically significant
event that opens up great prospects for the integration of the
Turkic states, especially in the economic sphere. The member
countries of the Organization of Turkic States (OTS) are in the
process of close integration with each other, which is most clearly
manifested, first of all, in the trade and economic sector," he
said.
According to the analyst, the OTS serves the purpose of
strengthening both the political ties of the Turkic-speaking
countries and closer unification and coordination of their
investment opportunities in the trade and economic sector.
Guliyev noted that the creation of the fund is becoming even
more necessary due to other factors, including the growth of
investment demand in the context of the liberation of Azerbaijani
lands from Armenian occupation, as well as meeting the needs after
the devastating earthquake in Türkiye.
"Of course, the creation of the fund will benefit not only in
this regard, but also improve economic opportunities and further
strengthen the economies of Türkiye, Azerbaijan, and the
Turkic-speaking countries of Central Asia," he added.
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