Fourth Meeting of the Board of Directors of the TIF Held in Istanbul

The Board of Directors of the Turkic Investment Fund convened its fourth meeting in Istanbul on 1 August 2025. The Directors of Fund’s Member States attended the meeting, which provided an opportunity to review key agenda items and discuss matters of importance to the Fund’s operations.

The President and the Chairman of the Board of Directors of Turkic Investment Fund, H.E. Baghdad Amreyev, moderated the meeting and guided the discussions. The meeting was attended by the Director of Azerbaijan, Mr. Ulvi Mansurov, the Director of Hungary, Mr. Gábor Matula, the Director of Kazakhstan, Mr. Marat Yelibayev, the Designated Representative of the Kyrgyz Republic, Mr. Sanzharbek Bolotov, the Director of Türkiye, Mr. Kerem Dönmez, the Director of Uzbekistan, Mr. Shukhrat Vafayev, and the General Director of Turkic Investment Fund, Mr. Ramil Babayev.

Members of the Board of Directors exchanged views on financial, investment, and administrative issues that support the Fund’s objectives. The discussions reflected a shared commitment to advancing the Fund’s priorities in a coordinated and constructive manner.

The Board agreed on the sequence of actions needed to progress ongoing work and complete essential documents. Plans were made to hold further consultations and follow-up meetings in the coming weeks to ensure timely outcomes.

The meeting concluded with a mutual understanding of the next steps. Directors expressed their glorification for the constructive engagement of all participants and reaffirmed their readiness to continue working together in the interest of the Fund and its Member States.