Bashkortostan and Turkey agreed on mutual investments attraction

The Russian-Turkish Dialogue Association and the Corporation for the Development of Bashkiria at International Business Week signed an agreement to expand and strengthen cooperation. The parties intend to cooperate in terms of developing contacts between Russian and Turkish businesses to increase investment.

“Cooperation between Bashkortostan and Turkey is rapidly expanding. This year, a large number of negotiations were held with representatives of Turkish companies, as a result of which several agreements were concluded on the implementation of investment projects in our republic. The concluded agreement will be another step towards promoting investment initiatives,” the Development Corporation of the Republic of Bashkortostan noted.

According to the document, the Development Corporation and the Russian-Turkish Dialogue will provide comprehensive mutual assistance in informing the business communities of Bashkiria and Turkey about the activities of organizations and holding events aimed at exchanging experience in the field of preferential zones. In addition, the organizations will advise potential investors on implementing investment projects and localization of production.