(MENAFN) Turk Eximbank said on Tuesday (May 18) that the export credit agencies of Sweden and Turkey had signed an agreement to offer insurance to companies that mutually underwrite schemes in third countries.
The report said “negotiations on the agreement between Turk Eximbank and the Swedish Export Credit Agency (EKN) have been completed and entered into force.”
Revealing that the agreement provides for ensuring a faster and more competent loan allocation process, he said: “The agreement will provide insurance support for the export of goods and services for projects that companies Turks and Swedes drive together in other countries. “
Turk Eximbank has already signed similar agreements with export credit agencies in the United States, United Kingdom, France, Austria, Hungary and Denmark.
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