The meeting of the Committee was attended by senators, representatives of relevant ministries and departments, experts, chairmen of the standing committees of the Jokargy Kenes of the Republic of Karakalpakstan, regional and Tashkent city Kengash of People's deputies, members of the Youth Parliament and representatives of the media.

During the meeting, it was noted that the main purpose of the agreement is to create a Turkic Investment Fund in the form of an international financial organization aimed at promoting the economic development of the member States of the Organization of Turkic States.

The Agreement establishes the goals, functions, powers and structure of the Turkic Investment Fund.

The senators stressed that the ratification of the agreement will allow Uzbekistan to receive financing for projects in priority sectors of the economy, especially in the development of small and medium-sized businesses, as well as strengthen trade and economic cooperation.

Following the discussion, the relevant decision of the Committee was made.