TIF, EBRD mull joint investments in Turkic-speaking countries

The Turkic Investment Fund (TIF) and the European Bank for Reconstruction and Development (EBRD) are exploring institutional cooperation opportunities, Report informs.

The fund's representatives held a series of constructive and forward-looking meetings with the bank's management.

These engagements provided a valuable opportunity to exchange views on regional economic cooperation, sustainable development, and investment facilitation across the Turkic world and Central Asia.

During the very productive EUROUZ event, organized by the Europe-Uzbekistan Association for Economic Cooperation (EUROUZ), TIF leadership engaged with Odile Renaud-Basso, President of the EBRD. The dialogue centered on strategic opportunities for institutional engagement between two IFIs.

A focused meeting at the EBRD Tashkent Resident Office brought together the TIF delegation with Hüseyin Özhan, Managing Director for Central Asia and Mongolia, and Andi Aranitasi, Director, Head of Uzbekistan. Discussions underscored shared priorities in leveraging regional strengths, recognizing aligned strategic goals, and identifying areas for future co-investment opportunities, highlighting a joint commitment to regional integration and sustainable development.

TIF delegation also met with Simone Zeh Atanasovski, Regional Head for SME Finance and Development at the EBRD, during the TIIF panel sessions, emphasizing the importance of creating and promoting enabling environments for MSMEs growth and fostering targeted financial inclusion.

TIF and EBRD expressed mutual interest in initiating institutional cooperation and exploring opportunities for impactful partnerships once the TIF institutional policies are formalized and approved by its Member States. Both institutions recognize the value of sustained dialogue and coordinated action to enhance regional investment dynamics and promote inclusive economic growth.