Deputy Prime Minister of Uzbekistan – Minister of Investments and Foreign Trade Jamshid Khodjayev announced the establishment of the Investment Fund of the Organization of Turkic States (OTS). He touched on this at the press conference of the ministers of economy and trade of the member countries of the organization, Kun.uz correspondent reports.
“In order to further deepen the trade-economic and investment cooperation, we agreed to sign the agreement on the establishment of the Investment Fund of the Organization of Turkic States. I believe that the establishment of the Investment Fund will create a new ground in the development of our multifaceted relations,” Jamshid Khodjayev said.
According to him, the “Trade Facilitation Strategy” will be signed within the framework of the first summit of the Organization of Turkic States, and will help eliminate quantitative restrictions on trade and notarial measures in the countries of the Organization.
“Ensuring the stability of trade-economic relations is one of our priority tasks. In this regard, agreements were reached on the unity of the member and observer states in ensuring the continuous operation of transport corridors, customs-border crossing points and logistics centers, and on the development of concrete measures to further develop the existing conditions,” the deputy PM said.
The ministers also discussed the Strategy for 2022-2026 within the framework of the Organization of Turkic States. “We have agreed on specific measures to ensure the implementation of this document, which covers the development of political, trade-economic, social, cultural and security spheres,” the representative of Uzbekistan concluded.
