The Turkish Competition Authority believes that the best way for the Turkic World to enhance its commercial vitality, industrial growth, productivity, innovation drive, and economic integration, all of which are among the goals of the Organization of Turkic States (OTS) of which Türkiye is also a member, is through a functioning free market economy and a well-entrenched competitive system.
Accordingly, under the leadership of the Turkish Competition Authority and with coordination from the Secretariat of the Organization of Turkic States, work has been started to set the ground for cooperation among the competition authorities of the Turkic World with an aim to closely follow the activities of competition authorities from the Turkic states in the field of competition law and policy, and to exchange knowledge and experience in this area. Based on the idea that institutionalizing the aforementioned cooperation with a common platform would be important for the sustainability of the cooperation, the formation of a “Turkic States Competition Council” under the OTS is planned.
The goal is to utilize the Turkic States Competition Council to strengthen the ties of common history, language and cultural heritage between the members on the one hand, and to organize joint studies, visits and training activities, develop projects, exchange knowledge and experience, spread competition culture in the region and improve regional cooperation to understand and solve current issues in competition law on the other.
To that end, the first meeting of the Turkic States Competition Council was hosted by the Turkish Competition Authority on January 23, 2024 in Istanbul, with the coordination of the Secretariat of the Organization of Turkic States and the participation of high-level representatives from the competition authorities of Azerbaijan, Kazakhstan, Kyrgyz Republic, Turkish Republic of Northern Cyprus, Hungary and Uzbekistan.