INDUSTRY NEWS
China ICBC and Turkey sign a $3.8 billion financing agreement
Q: Recently, affected by the deterioration of the relationship between Turkey and the United States, the Turkish lira has fallen sharply against the US dollar, causing widespread concern in the international community. What is China’s comment on the domestic situation in Turkey? According to reports, the Industrial and Commercial Bank of China recently signed a financing cooperation agreement with the Turkish side totaling 3.8 billion US dollars. Please confirm it.
A: China is concerned about the recent developments in the Turkish economy and foreign relations. Turkey is an important emerging market country. Turkey's stability and development are conducive to regional peace and stability. China believes that Turkey has the ability to overcome temporary economic difficulties and hopes that all parties concerned will resolve their differences through dialogue.
China has always attached importance to cooperation in the economic, trade and financial fields of China and Turkey, and supported the enterprises of both sides to negotiate relevant cooperation projects in accordance with market principles.
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