17:20 - 14.02.2025

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February 14, Fineko/abc.az. A Memorandum of Understanding has been signed between the Turkic Investment Fund and the Union of Chambers of Commerce & Industry of Turkic Countries (TCCI).

ABC.AZ informs that the document was signed at event "The Turkic Investment Fund and the Union of Chambers of Commerce & Industry of Turkic Countries (TCCI): Information Meeting and B2B for Business Leaders".

The document was signed by President of TCCI and the Confederation of Entrepreneurs of Azerbaijan Mammad Musayev and President of the Turkic Investment Fund Bagdad Amreyev. The Memorandum defines the framework and specific areas of cooperation.

The Turkic Investment Fund, which is a member of the Organization of Turkic States, was established by an agreement signed in Ankara on March 16, 2023. This agreement was approved by a law signed by Azerbaijani President Ilham Aliyev on May 30, 2023. The Turkic Investment Fund has been operating since 2024. The Union of Chambers of Commerce & Industry of Turkic Countries, also a member of the Organization of Turkic States, was established in 2017 and began operations in 2019. Since 2025, the TCCI chairmanship has passed to Azerbaijan. Our country is represented at TCCI by the Confederation of Entrepreneurs of Azerbaijan.