TIF President Participated in the 14th OTS Meeting of Ministers in Charge of Economy and Trade

On 20 February 2026, the President of the Turkic Investment Fund, Baghdad Amreyev, accompanied by TIF General Director Ramil Babayev, participated in the 14th meeting of the Ministers responsible for economy and trade of the Organization of Turkic States (OTS) in Turkistan, Kazakhstan.

Besides TIF, participation included Vice Minister of National Economy of Kazakhstan Asan Darbayev as the host, Akim of Turkistan Region Nuralkhan Kusherov, Deputy Minister of Economy of Azerbaijan Rovnag Abdullayev, Deputy Minister of Economy and Commerce of the Kyrgyz Republic Sultan Akhmatov, Deputy Minister of Trade of Türkiye Sezai Uçarmak, and Deputy Minister of Investment, Industry and Trade of Uzbekistan Khurram Teshabaev. OTS Secretary General Kubanychbek Omuraliev, the Secretary General of the Turkic Chamber of Commerce and Industry Adem Kula, and the Chairman of the Chamber of International Commerce of Kazakhstan Murat Karimsakov also attended.

Opening the meeting, Vice Minister Darbayev said holding the session in Turkistan reflects a push for practical economic cooperation, stronger trade links, and deeper investment ties. He also called for compiling a list of priority projects that could be prepared for potential financing by TIF.

Akim of Turkistan region of Kazakhstan Nuralkhan Kusherov used the host segment to brief delegations on the Turkistan Region’s investment, tourism, and economic potential, inviting partners to look at opportunities where cross-border trade routes and private investment could translate into real activity on the ground.

OTS Secretary General Kubanychbek Omuraliev reviewed ongoing economic cooperation work under the OTS track and follow-up to leaders’ decisions taken at the 12th OTS Summit in Gabala in October 2025. He also referred to preparatory work through the OTS Working Group on Economic Cooperation.

TIF President Baghdad Amreyev said TIF is now operational and preparing to launch its first financing, starting with low-risk lending and co-financing alongside established partners. He outlined three early financing lines: project finance, corporate finance through local banks, and trade finance. He stressed disciplined project selection with ESG screening and urged ministries to share project concepts early and support cross-border coordination to speed up preparation.

Deputy Ministers from Azerbaijan, the Kyrgyz Republic, Türkiye, and Uzbekistan focused on removing trade frictions and coordinating on transport links and digital trade tools, with repeated emphasis on the Middle Corridor and turning ministerial decisions into practical, bankable outcomes.

The meeting concluded with the signing of the Communique of the Meeting and a trade-related MoU among the OTS Member States.