Turkic-speaking states will create an investment fund with a capital of $500 million
Author - Mansur Ismagulov
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The Organization of Turkic States (OTS) is establishing the Turkic Investment Fund with a charter capital of $500 million to support the economic development of member countries and expand intra-regional trade. The Fund will serve as a resource base for preferential financing of priority projects in the countries of the Organization.
The goal is to promote the economic development of the member countries of the Organization of Turkic States by expanding intra-regional trade and supporting economic activities.
The agreement provides for the establishment by the OTS countries of the Turkic Investment Fund with a charter capital of $500 million.
The Fund serves as a resource base for financing priority projects in the countries of the Organization of Turkic States on favorable terms.
Source: today.kg
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