World Bank provides 600 million Euro support to Turkey

The World Bank has approved a new 600 million Euro credit guarantee to support exports in Turkey. The loan will be used to support the green transition in production and exports.

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The World Bank has approved a new 600 million Euro credit guarantee to help Turkish exporters maintain their competitiveness and market share.

The loan will be used to reduce carbon emissions in production.

GREEN TRANSITION EFFORTS

In a statement, the bank emphasized that this support will provide financing to exporters investing in machinery, equipment development, strengthening recycling systems, and solutions compatible with the green transition.