Turkey announces financing package for exporters

ISTANBUL

Turkish Trade Minister Ruhsar Pekcan announced a 256 million Turkish liras ($45 million) financing package for Turkish exporters on Wednesday.

Turkish Exporters' Assembly and Turk Eximbank signed a protocol for the package, Pekcan tweeted.

The financing package will be used by exporters with a low interest rate, she stressed.

Since Turk Eximbank was founded in 1987, it has conducted export credit, buyer credit, credit insurance, and guarantee programs aimed at developing Turkey's economic and political ties with other countries.