On June 16, Foreign Minister Jeyhun Bayramov received a delegation led by Baghdad Amreyev, President of the Turkic Investment Fund.
According to the Ministry of Foreign Affairs, the meeting focused on the cooperation agenda between Azerbaijan and the Turkic Investment Fund, the Fund's operational directions, and potential future projects.
The parties emphasized that the Turkic Investment Fund, established through the initiative and active support of Azerbaijan, plays a crucial role in deepening economic integration among Turkic states, promoting mutual investments, and contributing to the region's sustainable development.
The discussion highlighted the significance of projects promoted by Azerbaijan in strengthening regional connectivity, expanding transport and communication capabilities, and fostering economic cooperation. In this context, the parties reviewed measures taken to increase the potential of the Middle Corridor, develop the Trans-Caspian International Transport Route, and strengthen Azerbaijan's position as a vital logistics and transport hub.
Foreign Minister Jeyhun Bayramov noted that the Alat International Sea Trade Port and the surrounding transport and logistics infrastructure serve to increase the volume of regional trade and cargo transportation. Additionally, the parties discussed ongoing initiatives in the alternative energy sector.
The Turkic Investment Fund was established to support economic cooperation among member states of the Organization of Turkic States (OTS). By pooling financial resources, the Fund aims to finance projects in priority sectors such as infrastructure, energy, and logistics, thereby enhancing the collective economic resilience of the Turkic world.
The meeting concluded with an exchange of views on other issues of mutual interest, reaffirming the commitment to strengthening joint efforts in transport, energy, and infrastructure to bolster shared prosperity and regional stability.
