The development of relations between Azerbaijan and Hungary is gratifying. This is my 6th visit to Hungary. Mr. Orban has paid 7 visits to Azerbaijan. Hungary is Azerbaijan’s reliable strategic partner.

Axar.az reports this was stated by President Ilham Aliyev during his address at the Informal Summit of the Heads of State of the Organization of Turkic States.

Hungary is a country that pursues an independent policy, and its international standing continues to grow. I congratulate Prime Minister Viktor Orban on all the successes achieved.

The first informal Summit of the Heads of State of Organization of Turkic States was held on Azerbaijan’s initiative in Shusha. I am delighted that, as a continuation of this initiative, a second Informal Summit has been organized.

I congratulate President Sadyr Japarov on Kyrgyzstan’s successful ongoing chairmanship in the organization.

This year, Azerbaijan will host the formal Summit of the Organization of Turkic States and I invite you to Azerbaijan to attend the Summit.

The volume of Azerbaijan’s investments in the member states of the organization now exceeds a total of $20 billion.

The Turkic Investment Fund is expected to officially begin its operations this year.