Memorandum of Understanding Signed for the Establishment of the Central Banks Council of Turkic States Organization Member Countries

A Memorandum of Understanding was signed regarding the establishment of the Council of Central (National) Banks of the Member Countries of the Organization of Turkic States. According to the announcement made by the Central Bank of the Republic of Turkey (CBRT), the 11th Summit of the Organization of Turkic States was held in Bishkek, the capital of Kyrgyzstan, on November 5-6, 2024. During the summit, the Central Bank of the Republic of Azerbaijan, the National Bank of the Republic of Kazakhstan, the National Bank of the Kyrgyz Republic, the Central Bank of the Republic of Turkey, and the Central Bank of the Republic of Uzbekistan signed a Memorandum of Understanding for the establishment of the Council of Central (National) Banks of the Member Countries of the Organization of Turkic States. The Memorandum was signed by CBRT President Dr. Fatih Karahan, the President of the Central Bank of Azerbaijan, Taleh Kazimov, the President of the National Bank of Kazakhstan, Timur Suleimenov, the President of the National Bank of Kyrgyzstan, Melis Turgunbaev, and the President of the Central Bank of Uzbekistan, Mamarizo Nurmuratov.