ASTANA, Kazakhstan, October 19. Ministers from the Organization of Turkic States (OTS) have endorsed Kazakhstan's initiatives to establish the Council on Green Finance and the Council of Central (National) Banks for member states, Trend reports.
This decision was made during the 13th meeting of the Ministers of Economy and Trade of OTS member countries.
Deputy Prime Minister and Minister of National Economy Nurlan Baibazarov highlighted Kazakhstan's commitment to advancing Turkic integration and emphasized the importance of collaborative initiatives.
“The Turkic Investment Fund, established within the Turkic Council, reflects our collective commitment to expanding economic and investment cooperation, executing joint investment projects, and attracting capital, technology, and talent for the dynamic growth and prosperity of our countries,” he stated.
The next meeting of the Ministers of Economy and Trade is set to take place in Turkestan, where the inauguration of the special economic zone "TURAN," another Kazakhstan-led initiative supported by all Turkic Council nations, will occur.
The Cooperation Council of Turkic-speaking States was founded on October 3, 2009, and transformed into the Organization of Turkic States in 2021. By the end of August 2024, mutual trade between Kazakhstan and the Turkic Council countries reached approximately $7.2 billion.