President of the Turkic Investment Fund met the ADB Vice-President

On 16 October 2025, H.E. Baghdad Amreyev, President of the Turkic Investment Fund (TIF), met with Mr. Yingming Yang, Vice-President of the Asian Development Bank (ADB).

TIF President Amreyev was joined by Ramil Babayev, General Director of TIF, and Sanjar Usmanov, Chief Investment Officer of TIF. The ADB delegation included Mrs. Leah Gutierrez, Director General for the Central and West Asia Department, and Kiyoshi Taniguchi, the department’s Regional Lead Economist.

Underlining TIF’s main missions and goals, H.E. Amreyev stated that the Fund aims to strengthen trade, investment, and economic cooperation among the Turkic countries and to contribute to ensuring their stronger links with the global economy. TIF at the early stages will focus on co-financing cross-border projects to facilitate intra-regional connectivity and economic integration.

General Director Babayev expressed TIF’s willingness to establish stronger ties with ADB and identified several areas where cooperation could be initiated.

Mr. Yang warmly welcomed the President of TIF and the accompanying delegation, briefed them on the ongoing cooperation projects implemented by ADB in the TIF geography and shared with them his vision for establishing fruitful collaboration with TIF.

Mr. Yang indicated that TIF’s regional focus aligns well with ADB’s priorities and noted that the Bank is open to co-financing projects that promote shared objectives. The Vice President of ADB expressed his belief that cooperation with TIF could lead to stronger, more effective results in the region.

Parties agreed to begin technical discussions to outline a framework for cooperation and lay the foundation for a long-term partnership between TIF and ADB.