Baku: Turkish Vice President Cevdet Yilmaz has announced that the Turkic Investment Fund (TIF), the first financial institution of the Turkic nations, will soon begin its financing activities. He emphasized the importance of ensuring that the Fund achieves a respected status on the international stage. Yilmaz made these remarks at the meeting of the Heads of Government/Vice President of the Member States of the Organization of Turkic States (OTS) held in Baku.

According to Azerbaijan State News Agency, Yilmaz highlighted the significant potential for cooperation among the Turkic nations, particularly in sectors like renewable energy, natural gas, electricity networks, and critical minerals. The Vice President's statement underscores the strategic importance of the TIF in fostering economic collaboration and development among member states.