Uzbekistan joined the Turkish Investment Fund

The Agreement on the establishment of the Turkish Investment Fund was ratified by the law signed by the President on Wednesday, November 1. According to the law, the funds of the Reconstruction and Development Fund of the Republic of Uzbekistan are related to the formation of Uzbekistan's share in the Turkish Investment Fund within the terms stipulated in the Agreement, including the subscription of 2,000 shares in its initial capital. It was determined that it is a source of financing of the expenses. It was determined that the Ministry of Investments, Industry and Trade will be the authorized body responsible for the implementation of the Agreement, and the Central Bank will perform the depository function of the Agreement. We remind you that on March 16 of this year, at the extraordinary summit of the Organization of Turkic States in Ankara, the documents on the establishment of the Turkish Investment Fund were signed.

Source: khabar.uz