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Islamic bank to meet business world in Turkey in April

- Islamic Development Bank Group event to be held in Aegean Izmir province, says Turk Eximbank CEO

Turkey鈥檚 Aegean province of Izmir will host an Islamic Development Bank Group (IsDB) event to meet businesspeople from its member countries on April 26-27, Turk Eximbank鈥檚 CEO said on Wednesday.

Speaking exclusively to Anadolu Agency, Adnan Yildirim said that they will share details with industry and trade chambers and business associations in the coming days.

On Turk Eximbank鈥檚 missions, he said: 鈥淭urkey aims to boost trade relations with the IDB鈥檚 57 member countries.鈥�

鈥淭urk Eximbank wants to raise Islamic countries鈥� 10 percent share of world trade to 20 percent,鈥� he added.

He also said Turkey鈥檚 current trade with IDB member countries totals around $45 billion, and it hopes to raise it to $100 billion within 10 years.

Turk Eximbank aims to double its support to companies in IDB member countries, he underlined.

On headlines about 鈥渢rade war,鈥� he said: 鈥淭urk Eximbank is already in a figurative war to increase Turkey鈥檚 international trade.鈥�

Turk Eximbank ranks second globally after South Korea鈥檚 Eximbank in terms of financing exports.

Since its establishment in 1987, the bank has implemented international credit, guarantee, and credit insurance programs aimed at developing economic and political ties between Turkey and other countries.

By Gokhan Ergocun in Tunis, Tunisia

Anadolu Agency

energy@aa.com.tr