A proposal has been put forward for the next meeting of the
Ministers of Industry, Science, Technology, and Innovation of the
Turkic States Organization (TSO) to be held in Azerbaijan,
Azernews reports.

This proposal was voiced by Azerbaijan’s Economy Minister
Mikayil Jabbarov during the first meeting of the TSO Ministers of
Industry, Science, Technology, and Innovation held in Istanbul,
Turkey.

The proposal has been accepted by the participating
countries.

During the event attended by the Azerbaijani delegation led by
Minister Jabbarov, Turkey’s Minister of Industry and Technology,
Mehmet Fatih Kacır, expressed hope that the discussions and
bilateral meetings would be fruitful and contribute to
strengthening future relations.

TSO Secretary-General Kubanychbek Omuraliev emphasized the
importance of cooperation arising from the historical and cultural
partnership among member states and expressed confidence that the
meeting would play a significant role in enhancing mutual
activities.

Minister Jabbarov highlighted that strengthening joint
activities among Turkic states ensures the prosperity, economic
growth, and sustainable development of their countries. He noted
that Azerbaijan highly values cooperation with Turkic states and
supports integration processes within the Turkic world. The
importance of the current event in Istanbul for evaluating
opportunities to enhance initiatives in non-oil industry
development, trade and investment promotion, SMEs, modern
technology application, science, innovation, and digitalization was
also emphasized.

It was noted that the document “Azerbaijan 2030: National
Priorities for Socio-Economic Development” identifies “A Clean
Environment and a ‘Green Growth’ Country” as one of its priority
directions, with significant attention given to the application of
eco-friendly technologies, waste recycling, the rehabilitation of
contaminated areas, and the expansion of environmentally friendly
“green” technologies. Additionally, the establishment of new
industrial zones in liberated areas, the adoption of favorable
incentive packages for entrepreneurs in these regions, and
declaring the region a green energy zone are steps aimed at
accelerating development.

The Economy Minister also mentioned various global initiatives
announced by Azerbaijan, which will host the 29th session of the
Conference of the Parties to the UN Framework Convention on Climate
Change (COP29) this November.

During the event, it was emphasized that investments play a
crucial role in ensuring economic development and macroeconomic
stability for TSO countries. Significant work has been done in
recent years in the investment field among TSO countries, including
the establishment of the Turkic Investment Fund aimed at
stimulating the economic development of member states. Furthermore,
investment funds created between Azerbaijan and Uzbekistan,
Azerbaijan and Kyrgyzstan, and Azerbaijan and Kazakhstan will
contribute to the economic development and improvement of living
standards in the countries.

The minister also highlighted the importance of establishing
Green SME Resource Centers and Research and Development (R&D)
activities, providing information about institutional platforms
that will facilitate access to technology, knowledge, and financial
resources, and reiterated the proposal for the next meeting of the
TSO Ministers of Industry, Science, Technology, and Innovation to
be held in Azerbaijan, which has been accepted by the participating
countries. The meeting concluded with speeches from representatives
of member states and the adoption of a Joint Declaration on the
outcomes of the first meeting of the TSO Ministers of Industry,
Science, Technology, and Innovation.

—-

Getting accurate and unbiased information in the global
media space has become a real struggle. AzerNEWS, the number one
English-language newspaper provides you with the most accurate,
fresh and thorough information.

By subscribing to our online newspaper, you can have full
digital access to all news, analysis, and much more.

Follow AzerNEWS on Twitter @AzerNewsAz
or Facebook @AzerNewsNewspaper

Comments are closed.