The following is a summary of recent developments:
- Turkey has signed a Memorandum of Understanding with Canada on High Level Commercial and Economic Consultations.
- The Parliament passed a law approving the establishment of the Inter-Islamic Investment and Export Credit Institution.
- The Izmir Mercantile Exchange has been empowered by the Ministry of Industry and Trade to deal in futures and options, which is a first in Turkey.
Dr Hasan Nerad