Business · Trade · 3 hrs ago
Türk Eximbank and Canada’s EDC agree to support joint projects
Türk Eximbank and Canada's EDC signed a cooperation deal to support trade between the two countries.
The agreement followed a meeting in Istanbul between Turkish Trade Minister Ömer Bolat and Canadian Foreign Minister Anita Anand.
It aims to help Turkish and Canadian companies develop joint projects in third-country markets, especially in Africa, the Middle East and North Africa, and Central Asia.
The ministers also discussed negotiations for a Türkiye–Canada free trade agreement, with the first round due to begin the week of November 30, 2026.
The deal is part of a broader strategic partnership launched by Türkiye and Canada on October 22, covering areas including trade, investment, energy and technology.
Bolat said the countries would keep working to deepen economic ties and create new opportunities for their companies.
Türk Eximbank and Export Development Canada signed a memorandum of understanding to strengthen cooperation in export credits.
The agreement is intended to support Turkish and Canadian companies developing joint projects in third-country markets.
The targeted regions include Africa, the Middle East and North Africa, and Central Asia.
The agreement followed a meeting in Istanbul between Turkish Trade Minister Ömer Bolat and Canadian Foreign Minister Anita Anand.
Türkiye and Canada launched a strategic partnership on Oct. 22 covering several areas, including trade, investment and energy.
- Who
- Türk Eximbank and Export Development Canada (EDC).
- What
- They signed a memorandum of understanding to strengthen cooperation in export credits and support joint projects.
- When
- Not stated
- Where
- The agreement followed a meeting in Istanbul; projects are planned for third-country markets.
- Why
- To strengthen export-credit cooperation and support Turkish and Canadian companies developing joint projects.
This story does not have two clearly opposing sides.
Türkiye and Canada launched a strategic partnership aimed at strengthening bilateral cooperation.
Türk Eximbank and EDC signed a memorandum of understanding.
- Parties
- Türk Eximbank and Export Development Canada (EDC)
- Target markets
- Third-country markets
- Regions
- Africa, Middle East and North Africa, and Central Asia
- Meeting location
- Istanbul
- Strategic partnership
- Launched Oct. 22
What people are saying
During the meeting, we discussed the development of our bilateral trade and economic relations and the negotiations on the Türkiye–Canada Free Trade Agreement.
We will continue our efforts to deepen trade and economic cooperation between our two countries and create new opportunities for our companies.