Today, Astana is
hosting the 10th Anniversary Summit of the Organization of Turkic States (OTS).
The meeting will be attended by the heads of member states of the organization,
including the Presidents of Kazakhstan, Uzbekistan, Azerbaijan, Kyrgyzstan, and
Turkey, as well as the leaders of the OTS observer countries, namely Hungary
and Turkmenistan. The summit is expected to result in the adoption of several
agreements and official documents related to the organization’s projects in the
fields of economy, trade, transport, customs, finance, education, tourism, and
culture. The heads of state will also discuss global political and economic
events taking place in the region and around the world. As experts note, over
the past years, the countries have built diplomatic and economic ties. The
trade turnover among the OTS member states amounts to $27 billion, according to
the Kazakh Foreign Ministry. The Turkic Investment Fund will also play a
significant role in fostering cooperation. The parties have agreed to establish
the first joint financial institution for economic integration of the Turkic
world.
