President of the Turkic Investment Fund Met the EBRD President

On 12 January 2026, H.E. Baghdad Amreyev, President of Turkic Investment Fund (TIF), held a meeting with the President of European Bank for Reconstruction and Development (EBRD), H.E. Odile Renaud-Basso, at the EBRD Headquarters in London.

TIF President was accompanied by Mr. Ramil Babayev, General Director; Mr. Sanjar Usmanov, Chief Investment Officer; and Mr. M. Esat Mert, Director for International Relations & Capital Mobilization and Treasury. The EBRD President was joined by Mr. Hüseyin Özhan, Managing Director, Central Asia & Mongolia; Ms. Elisabetta Falcetti, Managing Director, Türkiye & Caucasus; Ms. Anna Vasylieva, Principal Advisor, EBRD President’s Office; Ms. Şule Kılıç, Director, Head of Energy Eurasia, and Mr. Evgeny Ofrikhter, Advisor to MD Central Asia & Mongolia.

During the meeting, TIF President Baghdad Amreyev provided an overview of the Fund’s mandate, emphasizing that TIF is concerned with the economic integration, cross-border collaboration, and connectivity among its Member States. Mr. Amreyev also pointed out that TIF tries to optimize its performance via collaboration with reputable international financial institutions, including the EBRD.

The President of TIF emphasized that the Fund is seeking to convert mutual priorities into practical collaboration and invited EBRD to jointly determine the areas in which initial outcomes can be achieved. He also highlighted the importance of sharing knowledge and capacity building as a viable pathway for enriching the partnership between the two institutions.

EBRD President Renaud-Basso warmly received the TIF delegation and expressed the interest of the Bank in developing a working collaboration with TIF, including on the Middle Corridor route, stating that the EBRD was committed to this agenda. She also noted the good fit between the priorities of the two institutions, especially regarding supporting private sector development.

The President of the EBRD encouraged structured engagement between the teams of the two institutions to efficiently screen opportunities and maintain momentum at the working level. She noted that practical coordination would help identify areas where cooperation can move forward in a focused manner.

General Director of TIF Mr. Ramil Babayev expressed TIF’s willingness to establish stronger ties with the EBRD and noted that TIF remains agile and flexible in operating across both the public and private sectors. He underlined that connectivity-related investments across member countries remain a core priority for TIF.

Mr. Babayev expressed the hope for close cooperation between the respective teams of the two institutions to develop a joint project pipeline in priority areas.

During the meeting the Parties identified the Financial Intermediary (FI) operations and unfunded risk participation instruments as a particularly promising area for inter-institutional collaboration. They also agreed to explore potential collaboration in areas of particular interest to EBRD, including sub-sovereign operations and, where feasible, local-currency financing.

The meeting achieved a shared understanding to maintain close dialogue and advance joint efforts aimed at supporting sustainable development, regional connectivity, and private sector growth across common member states and surrounding regions.