The Turkic Investment Fund (TIF) Board of Directors held its third meeting on December 20, 2024, at its new headquarters in Istanbul. The meeting was chaired by Bagdat Amreyev.

Representatives included Ulvi Mansurov from Azerbaijan, Gábor Matula from Hungary, Marat Yelibayev from Kazakhstan, Sanzharbek Bolotov from Kyrgyzstan, Kerem Dönmez from Türkiye, and alternate member Ulugbek Mukhtarov from Uzbekistan. TIF General Director Ramil Babayev and other staff members also participated.

The meeting agenda focused on the Fund’s operations, interim investment opportunities, and financial priorities. Chairman Amreyev updated attendees on recent developments, the establishment of TIF’s headquarters, and collaboration efforts with international financial institutions.

Board members welcomed the steps taken to initiate TIF’s activities and stressed the importance of cooperation among member states. The group approved the 2024 financial reports and reviewed the proposed 2025 budget.

The meeting concluded with a commitment to advancing TIF’s objectives. The Fund is set to enter a more active and efficient phase in the upcoming year.