Turkaz Investment Fund

The Turkic Investment Fund (TIF) operates as the initial international financial institution collectively established by the Turkic states. It functions to promote economic collaboration and boost intra-regional trade, providing financial support to businesses, entrepreneurs, startups, and micro, small, and medium-sized enterprises across the Turkic world. The fund employs various financial instruments to facilitate projects that drive sustainable development within member countries.

The Turkic Investment Fund was formally established through an agreement signed by the presidents of the Turkic states at the 9th Summit of the Organization of the Turkic States (OTS) in Samarkand on November 11, 2022. This initiative emerged from a recognized need to accelerate economic integration among these nations, building upon discussions for Turkic economic unity that began as early as 2011. Its creation addresses the requirement for a dedicated financial mechanism to realize shared economic objectives.

TIF serves business ventures and entrepreneurs located in its member states, including Azerbaijan, Hungary, Kazakhstan, Kyrgyz Republic, Türkiye, and Uzbekistan. Its core mission is to actively contribute to the economic advancement of these states by expanding cross-border trade and supporting diverse economic activities. The fund envisions itself as the principal financial partner for fostering integrated prosperity across the entire Turkic region.