The 3rd International Forum of Turkic States Appraisers, recently held in Baku, marked a significant step towards bolstering cooperation and economic integration among Turkic-speaking countries.

The forum saw participation from appraisal associations and industry leaders from Azerbaijan, Türkiye, Kazakhstan, Uzbekistan, Kyrgyzstan, Turkmenistan, the Turkish Republic of Northern Cyprus (TRNC), Russia, Belarus, and Georgia. This gathering was not just a testament to the growing unity among Turkic states but also a platform to address the economic aspirations and collaborative goals of these nations.

Strengthening Economic Ties

The forum, organized by the Council of Appraisal Associations of Turkic States, aimed to create standardized assessment practices across member countries. This initiative is vital for ensuring transparency and fostering investor confidence in the region. The establishment of such standards will undoubtedly enhance the appeal of the Turkic states as a unified economic bloc, capable of attracting significant foreign investment.

Vugar Oruj, Chairman of the Azerbaijan Society of Appraisers, emphasized the importance of this initiative, noting that it aligns with the broader goals of the Organization of Turkic States (OTS) to facilitate trade and investment across member states.

A Highlight for Turkish Cypriots

For the Turkish Republic of Northern Cyprus, participation in the forum represents a crucial opportunity to assert its economic potential and deepen its ties with fellow Turkic states. The TRNC's involvement underscores the island's strategic importance and its desire to integrate more closely with the Turkic world. This is particularly significant as the TRNC seeks international recognition and support for its economic development.

The forum also provided a platform for Turkish Cypriot appraisers and business leaders to network with their counterparts, explore new business opportunities, and advocate for the inclusion of TRNC in broader economic initiatives within the Turkic world.

Türkiye's Pivotal Role

Türkiye's role in fostering unity among Turkic states cannot be overstated. President Recep Tayyip Erdoğan's administration has been a driving force behind the OTS's initiatives, promoting economic cooperation, cultural exchange, and political solidarity. At the forum, Turkish representatives highlighted Türkiye's commitment to supporting the economic development of all member states, including the TRNC.

The economic ties between Türkiye and other Turkic states have been growing steadily. For instance, trade turnover between Türkiye and Kazakhstan alone reached $4.8 billion, reflecting the potential for similar growth with other member countries. Such economic integration is crucial for the TRNC as it seeks to bolster its economy through enhanced trade and investment with Türkiye and other Turkic states.

Promoting Unity and Cultural Identity

One of the key themes of the forum was the promotion of cultural and national identity among Turkic peoples. This resonates deeply with Turkish Cypriots, who share a rich cultural heritage with the broader Turkic world. The forum's discussions on cultural exchange and heritage preservation are vital for fostering a sense of unity and shared identity among Turkic nations.

The participation of high-level representatives and experts in the field underscored the commitment of the Turkic states to work collaboratively on preserving their cultural heritage while pursuing economic development. This dual focus on culture and economy provides a comprehensive approach to strengthening the bonds among Turkic states.

Future Prospects

Looking ahead, the forum's outcomes are expected to pave the way for more collaborative projects and initiatives that will benefit all member states. The establishment of uniform standards for appraisals is just the beginning. Future forums will likely address other critical areas such as digitalization, industrial development, and transport connectivity, further integrating the economies of Turkic states.

For the TRNC, continued participation in these forums will be crucial. By aligning itself with the economic strategies and initiatives of the OTS, the TRNC can enhance its economic prospects, attract foreign investment, and gain greater international recognition.

The 3rd International Forum of Turkic States Appraisers in Baku was more than just a gathering of professionals; it was a significant milestone in the journey towards greater economic and cultural unity among Turkic nations. For Turkish Cypriots, the forum represented an important opportunity to engage with their Turkic brethren, explore new economic opportunities, and reinforce their cultural and national identity within the broader Turkic world. As these nations continue to collaborate and grow together, the prospects for a more integrated and prosperous Turkic world, with the TRNC as a vital participant, are brighter than ever.