AZ

OTS countries to boost trade by removing non-tariff barriers – Joint Statement

The heads of government of the Organization of Turkic States (OTS) emphasized the importance of expanding economic ties and investment cooperation among member and observer states following their meeting in Baku, as outlined in the joint statement issued after the second meeting of OTS heads of government held today in Baku, Olaylar informs.

The statement calls for special attention to promoting joint projects, improving the business and investment environment, and strengthening links between business communities.

Participants also reaffirmed their commitment to increasing mutual trade among member states by eliminating non-tariff barriers.

The declaration highlights the contribution of industrial development to economic growth and its role in forming a sustainable economic model. The heads of government stressed their readiness to enhance cooperation in mutually beneficial industrial sectors, as well as the importance of collaboration in standardization, digitalization, and the promotion of green technologies.

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