TIF Conducts Extensive Bilateral Engagements with Development Institutions, Financial Institutions and Strategic Partners

Riga, Latvia – 6-7 June 2026

On the sidelines of the European Bank for Reconstruction and Development Annual Meetings in Riga Latvia, the leadership of the Turkic Investment Fund (TIF), led by President H.E. Baghdad Amreyev, conducted a broad range of bilateral meetings with international financial institutions, development finance institutions, commercial banks and strategic partners.

The TIF delegation included Mr. Ramil Babayev, General Director of TIF; Ms. Betül Sarıkaya, Chief Financial Officer; Mr. Sanjar Usmanov, Chief Investment Officer; and Mr. Mehmet Esat Mert, Director of International Relations, Capital Mobilization and Treasury.

During the engagements, TIF held discussions with representatives of the Asian Development Bank, Dutch Entrepreneurial Development Bank (FMO), French Development Agency and Proparco, International Finance Corporation (IFC), KfW IPEX-Bank and German Investment Corporation (DEG), Demirbank, OPEC Fund for International Development, TCX, as well as representatives from government institutions, rating agencies and other strategic partners.

The discussions focused on the evolving economic and financial landscape across TIF member countries, opportunities for co-financing and risk-sharing, support for private sector development, financial intermediary operations, infrastructure investments, capital mobilization and treasury cooperation. The parties also exchanged views on regional investment opportunities and approaches to enhancing development impact through collaboration.

Institutions expressed interest in exploring potential cooperation with TIF in areas including project financing, financial sector operations, capital markets, funding partnerships and investment mobilization. Discussions also highlighted the importance of leveraging complementary institutional strengths and maintaining close coordination with established development finance partners.

In addition to meetings with financial institutions, the delegation engaged with advisory and legal firms to exchange views on institutional development, treasury and capital markets matters, and legal frameworks relevant to international financial operations.

The meetings reaffirmed the growing interest of international partners in engaging with TIF and provided a valuable platform for identifying potential areas of cooperation. The parties agreed to maintain active dialogue and continue discussions to further assess opportunities aligned with their respective mandates and strategic priorities.