The Karabakh Declaration and the future of economic cooperation of the Turkic world
The Karabakh Declaration, signed at the Informal Summit of the Organization of Turkic States (OTS) in Shusha on July 6, 2024, marks a significant step towards deepening political, economic, and cultural ties among Turkic states. Hosted by President Ilham Aliyev of Azerbaijan, the summit brought together key leaders from Azerbaijan, Kazakhstan, Kyrgyzstan, Uzbekistan, Türkiye, and Hungary as well as Turkish Republic of Northern Cyprus, Secretary General of the OTS. The declaration emphasizes the need for closer collaboration in various sectors, particularly in transport, connectivity, and climate action. By highlighting the importance of regional infrastructure, the declaration focuses on enhancing trade, investment, and the establishment of efficient trans-regional corridors such as the Trans-Caspian International East-West Middle Corridor. This corridor is seen as essential for sustainable development and international trade. Additionally, the declaration underscores the role of Turkic states in addressing global challenges, especially climate change, and promotes the creation of climate-resilient smart cities and renewable energy cooperation. Through this declaration, the OTS member states reaffirm their commitment to a sustainable and integrated future, underscoring their shared history, values, and common goals in the geopolitical and economic landscape.

Op-eds
Ilyas Huseynov
Head of the Turkic World Research Center
Azerbaijan’s Chairmanship of the OTS: Deepening Economic and Trade Cooperation and Strengthening the Regional Economic Power…
Isa Gasimov
Head of the “Enterprise Azerbaijan” portal
New Opportunities in Technology Parks: Commercialization and Export of Innovations
Abdulrahim Dadashov
Deputy head of the Monitoring and evaluation division
The establishment of the Karabakh National Park creates new opportunities for ecological restoration and sustainable tourism…
Sevinj Jabbarova
Leading consultant of the Monitoring and evaluation division
New Pharmaceutical Manufacturing Facility Opens New Opportunities for the Development of Local Pharmaceutical Industry
Tarana Salifova
Advisor to the Executive Director of the CAERC
The Great Return at a New Stage: Sustainable Settlement and Economic Development
Rashad Najafli
Deputy head of the Economic analysis division
Azerbaijan advances on the path of innovation: Key directions of progress
Latif Zeynalli
Head of State Programs Division
Investment activity and a strong financial position create new opportunities for economic growth