A memorandum of understanding was signed between Turkish Eximbank and China Eximbank, aiming to protect the competitiveness of Turkish exporters by accessing new financing sources.
With Turkish Eximbank Chinese A memorandum of understanding was signed between Eximbank for general cooperation.
In the statement made by Türk Eximbank, it was stated 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 memorandum of understanding aims to provide support with parallel/joint financing and guarantees for projects and transactions to be jointly undertaken by Turkish and Chinese companies in third countries, and to protect the competitiveness of Turkish exporters by accessing new financing sources.
The statement also stated 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)