The members of the Organization of Turkic States (OTS) (Azerbaijan, Kazakhstan, Kyrgyzstan, Türkiye and Uzbekistan) have agreed on the establishment of the Turkic Investment Fund with the aim of contributing to the economic development of the OTS Participating States by expanding intra-regional trade and supporting economic activities. The functions and powers of the Fund are laid down in Article 3 of the Agreement, including but not limited to: to finance projects, in particular those relating to micro, small and medium-sized enterprises; to support the creation and modernization of physical and digital infrastructure, including public-private partnerships; to finance projects contributing to a green economy by investing in energy efficiency, renewable energy and environmental protection; to support development projects in the industry, infrastructure, transport, agriculture, information and communication technologies and tourism sectors; and to provide assistance and financial support for the preparation of investment project.