BAKU, Azerbaijan, October 26. Member countries of the Organization of Turkic States (OTS) have adopted proposal put forward at the inaugural Meeting of the Ministers in Charge of Science, Technology, Industry, and Innovation of the Organization of Turkic States (OTS) to hold the next meeting in Azerbaijan, Trend reports via Azerbaijani Ministry of Economy.
"The meeting was attended by an Azerbaijani delegation led by the Minister of Economy Mikayil Jabbarov.
Türkiye’s Minister of Industry and Technology, Mehmet Fatih Kacir welcomed the guests and wished them success in their work during the meeting.
He expressed hope that the discussions and bilateral meetings will be effective and contribute to strengthening ties.
The OTS Secretary General Kubanychbek Omuraliev emphasized the importance of cooperation rooted in the historical and cultural partnership among the member states and expressed confidence that the first meeting would be significant for enhancing and activating interaction.
Speaking a t the event, Jabbarov expressed gratitude to brotherly Türkiye for its sincere hospitality.
He pointed out that strengthening joint activities among Turkic states ensures prosperity, economic growth, and sustainable development for their countries.
Moreover, he stressed that Azerbaijan highly values its cooperation with Turkic states and supports integration processes within the Turkic world.
According to him, mutual economic activity forms the basis of Turkic cooperation.
The first meeting of the ministers of industry, science, technology, and innovation taking place in Istanbul will be crucial for developing the non-oil industry, promoting trade and investment, small and medium-sized enterprises, implementing modern technologies, and evaluating opportunities to increase initiatives in the fields of science, innovation, and digitalization, the minister said.
Jabbarov highlighted that the document 'Azerbaijan 2030: National Priorities for Socio-Economic Development' defined the 'Clean Environment and the Green Growth Country' direction as one of the priorities, with significant emphasis on applying environmentally friendly technologies, recycling waste, and restoring polluted areas.
As he explained, it's planned to expand the implementation of environmentally beneficial 'green' technologies.
Besides, according to the minister, steps are being taken to accelerate development, including the establishment of new industrial zones by the government in the liberated territories and the application of incentive packages for entrepreneurs in these areas, as well as declaring the region a green energy zone.
He also highlighted various global initiatives announced by Azerbaijan, which will host the 29th session of the Conference of the Parties to the UN Framework Convention on Climate Change (COP29) this November.
Jabbarov pointed out a crucial role of investments in ensuring economic development and macroeconomic stability for the OTS members.
Consequently, significant steps have been taken in the investment sector in recent years, and the Turkic Investment Fund has been established to facilitate the economic development of member states, he reminded.
Besides, according to the official, Azerbaijani-Uzbek and Azerbaijani-Kyrgyz investment funds will foster the economic development of these countries and improve the people's welfare.
The minister also emphasized the importance of establishing 'green' MSME Resource Centers, conducting research and development (R&D), and presented information on institutional platforms that will facilitate access to technologies, knowledge, and financial resources.
The meeting featured speeches of representatives of the member states, and following the first meeting of the ministers of industry, science, technology, and innovation of the OTS, a joint declaration was adopted," the ministry added.
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