News Middle East10 Aug 2020

Turkey:Eximbank inks reinsurance deal with Danish export credit agency

10 Aug 2020

Turk Eximbank has signed a reinsurance cooperation agreement with Denmark's export credit agency, EKF Danmarks Eksportkredit (EKF), Turkish Trade Minister Ruhsar Pekcan has announced.

"Turk Eximbank and EKF will provide co-financing support to Turkish and Danish companies, which carry out joint projects in other countries, for the export of goods and services from their own countries," Ms Pekcan said in a statement quoted by Daily Sabah.

She underlined that the cooperation between the official export support institutions has gained importance due to the negative impact of the novel coronavirus on economies.

Turk Eximbank has previously signed agreements with export support institutions of the US, the UK and France.


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