BAKU, Azerbaijan, June 16. Investment outlook
was discussed between Azerbaijan and the Turkic Investment Fund
during a high-level meeting focused on regional infrastructure
expansion and transport corridor development.
This is reflected in the statement of the Ministry of Foreign
Affairs of Azerbaijan.
Jeyhun Bayramov, Minister of Foreign Affairs of the Republic of
Azerbaijan, received a delegation led by Baghdad Amreyev, President
of the Turkic Investment Fund.
During the meeting, an exchange of views took place on the
current cooperation agenda, operational directions of the Fund, and
prospective future projects.
The sides emphasized that the Turkic Investment Fund,
established through Azerbaijan’s initiative and active support,
holds great significance for deepening economic integration among
Turkic states, promoting mutual investments, and contributing to
the sustainable development of the region.
The role of projects spearheaded by Azerbaijan in strengthening
regional connectivity, expanding transport-communication
opportunities, and driving economic cooperation was highly
highlighted. In this context, information was provided on measures
implemented to boost the potential of the Middle Corridor, develop
the Trans-Caspian International Transport Route, and strengthen our
country’s position as a critical logistics and transport hub.
Minister Jeyhun Bayramov stated that the transport and
logistics infrastructure formed around the Alat International Free
Trade Seaport serves to increase the volume of regional trade and
cargo transportation.
In addition, the delegation was informed about ongoing
initiatives in the alternative and renewable energy sector.
The sides noted that realizing the economic potential of the
Turkic world more efficiently, promoting mutually beneficial
investment projects, and increasing joint efforts in transport,
energy, and infrastructure will contribute significantly to
strengthening shared prosperity and sustainable regional
development.
The meeting also included an exchange of views on other issues
of mutual interest.
