Astana, Kazakhstan — A meeting was held at the Headquarters of the Islamic Organization for Food Security (IOFS) between His Excellency Ambassador Berik Aryn, Director General of IOFS, and His Excellency Ambassador Baghdad Amreyev, President of the Turkic Investment Fund (TIF). The discussion focused on fostering closer collaboration between the IOFS and the Turkic Investment Fund to advance joint initiatives in Member States of the Organization of Islamic Cooperation ( OIC ) and the Organization of Turkic States (OTS). It is noteworthy that all Member States of the OTS are also members of the OIC, underscoring the shared goals and opportunities for impactful cooperation between the two organizations.
The Turkic Investment Fund, the first and primary joint financial institution established by Turkic States, aims to harness the economic potential of its Member States to strengthen trade, foster economic cooperation, and implement shared development projects. With a particular focus on supporting small and medium-sized enterprises (SMEs), the Fund will provide financing through its own resources and partnerships with other financial institutions.
During the meeting, H.E. Ambassador Berik Aryn and H.E. Ambassador Baghdad Amreyev explored opportunities for collaboration in priority sectors including agriculture, water management and food processing. Discussions also centered on advancing socioeconomic development by fostering entrepreneurship, creating jobs, and promoting research and innovation within Member States.
The Turkic Investment Fund’s areas of focus align closely with the strategic priorities of IOFS, particularly in supporting food security initiatives, agribusiness development, and regional trade integration.
This collaboration underscores the commitment of both organizations to drive impactful, cross-regional development and strengthen ties between OIC and OTS Member States. Joint projects will be particularly impactful in countries that are members of both organizations, enabling synergies to address shared challenges and unlock economic opportunities.
Both leaders expressed their optimism for the future partnership between IOFS and the Turkic Investment Fund, emphasizing the potential to achieve sustainable growth and improve the livelihoods of millions across the Member States.
