Türk Eximbank gives $79m Reinsurance to UKEF

By John Lee.

Turkey's official export credit agency has reportedy agreed to provide $79.2 million in reinsurance support to its U.K. counterpart's energy projects in Iraq.

According to Daily Sabah, Türk Eximbank will provide UK Export Finance (UKEF) with cash in proportion to the value of Turkish exports and services that will be used in the first phase of the power projects in Iraq.

More here.

(Source: Daily Sabah)

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