Azerbaijani FM receives Turkic Investment Fund president

Azerbaijani Foreign Minister Jeyhun Bayramov has received a delegation led by Baghdad Amreyev, President of the Turkic Investment Fund.

Report informs, citing the Ministry of Foreign Affairs, that the meeting included an exchange of views on issues on the cooperation agenda between Azerbaijan and the Turkic Investment Fund, the Fund's areas of activity and prospective projects.

The sides emphasized the importance of the Turkic Investment Fund, established at Azerbaijan's initiative and with its active support, in deepening economic integration among Turkic states, promoting mutual investment and contributing to the sustainable development of the region.

The role of projects advanced by Azerbaijan in strengthening regional connectivity, expanding transport and communication opportunities and developing economic cooperation was noted. In this context, information was provided on measures to increase the potential of the Middle Corridor, develop the Trans-Caspian international transport route and strengthen the country's position as an important logistics and transport hub.

Bayramov said the Alat International Sea Trade Port and the transport and logistics infrastructure being developed around it serve to increase regional trade and cargo transportation.

The meeting also included information on work carried out in the field of alternative energy.

The sides noted that more effective use of the Turkic world's economic potential, the promotion of mutually beneficial investment projects and stronger joint efforts in transport, energy and infrastructure would make an important contribution to strengthening shared prosperity and the sustainable development of the region.

The meeting also saw an exchange of views on other issues of mutual interest.