"The work on establishing a joint investment fund of Turkic-speaking countries is nearing completion," said Baghdad Amreyev, Secretary General of the Organization of Turkic States, speaking at the Shusha Turkish Business Forum dedicated to the restoration and development of the Karabakh region held in the city of Shusha, APA-Economics reports.
According to him, a memorandum will be signed by the end of this month.
"The official opening of this fund will take place at the presidential level at the next summit in November, the. The main goal of the fund is to develop medium and small entrepreneurship. Moreover, the fund will finance large projects and infrastructure projects. The main priority of the fund will be the Karabakh region, and our businessmen will be able to benefit from this investment fund," said Baghdad Amreyev.