Tashkent, Uzbekistan (UzDaily.uz) — Azerbaijan has assumed the chairmanship of the Board of Governors of the Turkic Investment Fund (TIF) until the next annual meeting.
The decision was made at the board’s third meeting, attended by representatives of Azerbaijan, Hungary, Kazakhstan, Kyrgyzstan, Türkiye and Uzbekistan.
Uzbekistan was represented by Deputy Minister of Investment, Industry and Trade Khurram Teshabaev.
Participants reviewed the fund’s activities and set priorities for its future work. Discussions focused on expanding financing for investment projects, attracting additional resources and strengthening cooperation with international financial institutions.
The parties also considered prospects for building a project portfolio in transport and logistics infrastructure, industrial cooperation, energy and business support.
A separate part of the meeting focused on improving the TIF’s corporate governance, enhancing operational efficiency and clarifying the division of responsibilities among the fund’s governing bodies.
Following the meeting, participants outlined further steps to develop the TIF’s activities and advance joint investment initiatives.
