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Exports among the OTS countries reached $25.9 billion

General Secretary of the Organization of Turkic States (TDT) Bagdad Amreyev

10 November 2022 14:50 (UTC +04:00)

"The decisions to establish the Turkic Chamber of Commerce and Industry and the Turkic Investment Fund are promising to further boost cooperation in the field of economy," General Secretary of the Organization of Turkic States (OTS) Bagdad Amreyev said in an article published in "UZA" (Uzbekistan National News Agency).

"Once it becomes operational, the Turkic Investment Fund will support the enhancement of SMEs’ capacities and foster entrepreneurship, including research and innovation. Total exports of goods among the OTS countries reached $25.9 billion in 2021, from $13.9 billion in 2016. There are many other significant initiatives in the OTS agenda dealing with trade facilitation, trade liberalization in services, and the development of digital trade that are promising to increase this trade volume further," the article states.