“Opportunities offered by the currency swap agreement signed between China and Turkey”
25 April 2012, The Plaza Hotel
*To be confirmed
The People’s Bank of China and the Central Bank of Turkey signed a 10-billion-yuan (1.59 billion U.S. dollars) currency swap agreement on 21 February 2012. The three-year agreement is extendable by mutual consent. It was highlighted that this agreement is aimed at enhancing financial cooperation and promoting bilateral trade and investment, as well as ensuring regional financial stability. In that regard CITAM aims to inform the Turkish corporate sector about the benefits and the technicalities of this agreement in order to promote business links between the economic players of both countries.