This content is from: Local Insights


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

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