Turkic Speaking States may create development fund

 Today, the 2nd meeting of Economic Ministers of Cooperation Council of Turkic-speaking States has kicked off in Baku. The second meeting of working groups of Cooperation Council was held yesterday.

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.


/APA/