TIF and AUIC Explore Prospects for Cooperation

On October 21, 2026, Mr. Ramil Babayev, General Director of the Turkic Investment Fund (TIF), Mr. Sanjar Usmanov, Chief Investment Officer, and Mr. Mehmet Esat Mert, Acting Chief Financial Officer, met with representatives of the Azerbaijan Uzbek Investment Company (AUIC) Mr. Nazim Hajiyev, Chief Executive Officer; Mr. Azer Mirtagavi, Chief Financial Officer; and Mr. Sardor Khabibullaev, Deputy CEO.

Mr. Ramil Babayev highlighted the Fund’s commitment to foster the integration between its Member States and fostering business opportunities across the region. He noted the value of partnering with institutions such as AUIC to support projects that strengthen economic ties, encourage private sector growth, and deliver tangible benefits.

The AUIC representatives outlined their investment mandate, recent activities and pipeline, emphasizing their role in advancing investment cooperation between Azerbaijan and Uzbekistan. They expressed interest in exploring synergies with TIF to facilitate business partnerships and support projects across sectors of mutual interest.

The discussions explored potential opportunities for joint financing, exchanging investment expertise, and identifying projects aligned with both institutions’ priorities. Parties agreed to continue dialogue for practical cooperation that contributes to economic diversification and stronger investment ties across the region.