OTS plans to create single competitive environment for foreign investors - EXCLUSIVE

Member countries of the Organization of Turkic States (OTS) are exploring the possibility of developing common competition standards for foreign investors, deputy secretary general of the OTS, Merey Mukazhan, told Report at the 3rd Meeting of the Heads of the OTS Competition Authorities and the Competition Forum.

According to him, this issue relates to key areas of future cooperation.

"The launch of the Turkic Investment Fund, with a capital of $600 million, takes investment cooperation to a new level and makes discussions related to harmonizing the investment environment even more relevant. Considering that member states are located in different geographic regions and have distinct economic and legal systems, this process can be implemented in stages," Mukazhan noted.