live Iran reopens Hormuz Strait, demands end to U.S. naval blockade- Saturday 18 April
Iran temporarily reopened the Strait of Hormuz on Friday (17 April) following a ceasefire agreement in Lebanon, ra...
Turkish Vice President Cevdet Yılmaz has hailed the growing importance of the Organisation of Turkic States (OTS) amid rapidly shifting regional and global dynamics.
“The progress achieved by the OTS in recent years is extremely valuable,” Yılmaz said, adding that peace in the South Caucasus would enhance connectivity between Türkiye and fellow Turkic states.
Yılmaz made the remarks after attending a meeting of OTS prime ministers and vice presidents, which convened on Thursday in Baku.
Originally founded in 2009 as the Turkic Council and renamed in 2021, the OTS is an intergovernmental body that brings together Turkic-speaking countries to enhance political, economic and cultural cooperation.
Alongside Türkiye, core OTS members include Azerbaijan, Kazakhstan, Kyrgyzstan and Uzbekistan, while Hungary, Turkmenistan and Northern Cyprus hold observer status.
Headquartered in Istanbul, the organisation seeks to promote regional connectivity, trade integration and coordination on foreign policy among member states.
Speaking in Baku, Yılmaz highlighted the strong economic performance of the organisation’s core members.
“While global growth stood at around 3 per cent last year, OTS member countries recorded growth of approximately 6 per cent,” he said.
“They are advancing at nearly double the global rate, with rising national incomes,” he added.
According to the vice president, the OTS aims to boost intra-regional trade, which currently accounts for only 6 per cent of total exports among member states.
He stressed the need to raise this figure by signing inter-bloc trade agreements, streamlining customs procedures and improving transport links.
Addressing the ongoing conflict in the Middle East, Yılmaz reiterated Türkiye’s determination to avoid being drawn into the crisis.
“The conflict between Iran, Israel and the U.S. threatens the peace and stability of a broad region, including areas linked to the Turkic states,” he said.
The past 24 hours of the Russia-Ukraine war have seen a drastic escalation in both aerial bombardment and frontline losses.
Iran reopened the Strait of Hormuz to commercial shipping on Friday (17 April) for the first time since the U.S. and Israel killed Iran's ex-Supreme Leader in air strikes, triggering the Middle East conflict, at the end of February. A U.S. blockade on Iranian ports, however, remains in force.
Russia published addresses of manufacturers allegedly producing drones or components for Ukraine on Wednesday (15 April), warning European countries against plans to step up UAV supplies to Kyiv.
Netflix shares fell sharply on Friday after the streaming group issued a weaker-than-expected outlook and said chairman and co-founder Reed Hastings will step down from the board.
U.S. President Donald Trump says Israeli and Lebanese leaders have agreed to a 10-day ceasefire that includes Hezbollah, raising cautious hopes of a pause in hostilities after weeks of escalating tensions.
Syrian President Ahmed al-Sharaa has said his country could provide a “safe corridor” and “alternative route” for regional energy shipments, as supply disruptions continue to affect the wider Middle East.
An average of at least 47 women and girls were killed each day during the war in Gaza, according to new figures released by UN Women.
China is seeking to strengthen and upgrade its cooperation with Turkmenistan, focusing on what officials describe as “high-quality development” across a range of sectors.
Kazakhstan plans to boost trade with Afghanistan from $500 million to $3 billion, backed by infrastructure and transit projects designed to strengthen regional connectivity and improve access to global markets.
A low-profile diplomatic visit to Tbilisi may prove more consequential than it first appears, as representatives of France, Germany and Poland meet figures across Georgia’s political spectrum, signalling that Brussels is watching closely ahead of a key EU foreign ministers’ meeting.
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