Türkiye, Canada sign deal to strengthen export credit cooperation
- Turk Eximbank, Export Development Canada to support joint projects in 3rd-country markets; 1st round of free trade talks set for week of Nov. 30
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- Turk Eximbank, Export Development Canada to support joint projects in 3rd-country markets; 1st round of free trade talks set for week of Nov. 30
By Mucahithan Avcioglu
ISTANBUL (AA) - Türkiye and Canada signed a memorandum of understanding to strengthen export credit cooperation and support joint projects in third-country markets, Turkish Trade Minister Omer Bolat said Friday.
The agreement between Turk Eximbank and Export Development Canada (EDC) followed Bolat's meeting with Canadian Foreign Minister Anita Anand in Istanbul.
In a statement on Turkish social media platform NSosyal, Bolat said the two discussed expanding bilateral trade and economic relations, alongside negotiations on a Türkiye-Canada free trade agreement.
He welcomed plans to hold the first round of free trade negotiations during the week beginning Nov. 30, 2026.
The memorandum aims to support Turkish and Canadian companies in developing joint projects in third-country markets, particularly in Africa, the Middle East and North Africa, and Central Asia.
“We will continue our efforts to deepen trade and economic cooperation between our two countries and create new opportunities for our companies,” Bolat said.
Mücahithan Avcıoğlu