Agreement between Turkish Eximbank and Chinese Eximbank

A memorandum of understanding for overall cooperation was signed between Turkish Eximbank and Chinese Eximbank.

The Türk Eximbank statement states that the agreement was signed at the 2023 annual meeting of the Asian Exim Banks Forum, of which both organizations are members, held in Australia/Sydney.

In addition to technical cooperation, the MoU aims to provide support with parallel/joint financing and guarantees for projects and transactions to be jointly carried out by Turkish and Chinese companies in third countries, and to protect the competitiveness of Turkish exporters through access to new financing. sources.

The statement also states that the agreement is important in terms of creating the infrastructure for concrete collaborations that will come to the fore between the two organizations in the coming period. (REUTERS)