The Organization of Turkic States (OTS) signed a founding settlement to arrange a fund that may intention at boosting financial integration among the many member nations, Turkish President Recep Tayyip Erdoğan stated Thursday.
The deal got here on the sidelines of the extraordinary summit of the OTS leaders in Türkiye’s capital Ankara.
“The signing of the Founding Agreement of the Turkic Investment Fund has been one of the concrete achievements of our summit,” Erdoğan stated in a televised handle.
“I believe that the Turkic Investment Fund will contribute to economic integration in the Turkic world,” the president famous.
Istanbul would be the host metropolis of the fund, he added.
Formerly referred to as the Turkic Council, the OTC is a global group comprising distinguished unbiased Turkic nations that work collectively to raise relations and union amongst themselves.
In addition to Türkiye, its members include Azerbaijan, Kazakhstan, Kyrgyzstan, and Uzbekistan. EU state Hungary, Turkmenistan, and the Turkish Republic of Northern Cyprus (TRNC) have observer standing.
The leaders on Thursday convened underneath the theme of “Disaster-Emergency Management and Humanitarian Assistance.”
They sought to elaborate on the multilateral cooperation and coordination mechanism within the combat towards disasters and maintain consultations on present regional challenges, particularly in gentle of the devastating earthquakes that struck southeastern Türkiye final month.
The Feb. 6 tremors, which marked the most important catastrophe in Türkiye’s fashionable historical past, leveled hundreds of buildings and killed at the very least 48,448 individuals throughout 11 provinces.
More than 13.5 million individuals in Türkiye have been affected by the quakes, which additionally extensively broken neighboring Syria and claimed at the very least 6,000 deaths in its northwest.
Erdoğan on Thursday hailed the engagement of the Turkic states and harassed Türkiye would at all times bear in mind the solidarity they confirmed after the disaster.
“We will never forget the solidarity, unity and togetherness we exhibited as the Turkic world during the disaster we experienced,” he stated within the handle.
“We should enhance our energy within the face of present and future challenges. For this goal, we should strengthen the capabilities and capabilities of OTC.
Source: www.dailysabah.com
