13.06.26
The volume of mutual investments among the member states of the Turkic States Organization (TSO) reached nearly $40 billion during the period from 1995 to 2025. The statement was made by Azerbaijan’s Deputy Minister of Economy, Samad Bashirli, at the Competition Forum of the TSO Member States held in the city of Shusha, Azerbaijan.
According to Bashirli, expanding investment cooperation is one of the key priorities of economic integration among the Turkic states. He noted that the Turkic Investment Fund, with an authorized capital of $600 million, is the first joint financial institution established by the Turkic states. The fund’s main objective is to strengthen economic cooperation, increase investments in strategic sectors, and support regional development.
Bashirli also stated that Azerbaijan has established bilateral investment funds jointly with Uzbekistan, Kyrgyzstan, and Kazakhstan. According to him, such mechanisms facilitate capital flows, enable the joint financing of industrial and investment projects, and create opportunities for implementing new initiatives in the field of mutual investments.
