Bank Of Baku

Development Fund of Turkic Speaking States to be established in Baku

Development Fund of Turkic Speaking States to be established in Baku
# 14 August 2012 12:36 (UTC +04:00)
Several proposals were made. So, Development Fund of Turkic-speaking States was offered to establish. At present, an agreement project, regulation of fund are discussed. Note that, headquarter of Fund is offered to be in Baku.
4 working groups are functioning at Cooperation Council of Turkish Speaking States on improvement of investment atmosphere, diversification of economy, development of transport and entrepreneurship.
The event was attended by economic ministers of Azerbaijan, Turkey, Kazakhstan and Kyrgyzstan, as well as representatives presenting the state and private sector.
At the end of the meeting, it is expected to accept recommendations for Bishkek Summit on determination of future directions of economic cooperation.
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THE OPERATION IS BEING PERFORMED