Turkey Eximbank to Offer Risk Insurance for Exports, Dunya Says
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Turkey’s Export-Import bank signed an agreement with Saudi Arabia’s Islamic Development Bank to offer political risk insurance to exporters and help Turkey’s trade with Islamic countries, Dunya newspaper reported.
The so-called Arab Spring uprisings and political uncertainty in parts of the Middle East and Africa have increased risks and made export insurance more important for Turkish exporters and investors, the Istanbul-based newspaper quoted Turkey Eximbank general manager Hayrettin Kaplan as saying.