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General Cooperation Agreement between NEXI and Turk Eximbank


August 21, 2017
Nippon Export and Investment Insurance

Nippon Export and Investment Insurance (NEXI; Chairman and CEO: Kazuhiko Bando) signed the General Cooperation Agreement (GCA) on August 18, 2017 with Export Credit Bank of Turkey (Turk Eximbank), the export credit agency of Republic of Turkey.

The GCA was signed in Izmir, Turkey by Mr. Masaru Kanke, Head of NEXI Paris Representative Office, and Mr. Adnan Yildrim, Acting General Manager of Turk Eximbank in the presence of H.E. Mr. Nihat Zeybekçi, Minister of Economy of Turkey.

photo image
At the signing ceremony: Mr. Nihat Zeybekçi, Minister of Economy of Turkey (back left),
Mr. Yildrim, Turk Eximbank (front left) and Mr. Kanke, NEXI (front right)

photo imageAt the signing ceremony: Mr. Nihat Zeybekçi, Minister of Economy of Turkey (back left), Mr. Yildrim, Turk Eximbank (front left) and Mr. Kanke, NEXI (front right)

The purpose of the GCA is to develop a framework for cooperation in fields of trade, investment and finance, including reinsurance between Turk Eximbank and NEXI, to effectively support Japanese and Turkish companies through trade insurance when they try to win orders for projects in Turkey, Japan and other countries.

Cooperation under the GCA
  • 1. Information exchange on projects in Japan, Turkey and other countries
  • 2. Human resource development and training
  • 3. Discussion on trade insurance
  • 4. Cooperation in debt collection and recoveries
  • 5. Talks on reinsurance agreement

NEXI will continue to support Japanese companies’ overseas business through cooperation with other export credit agencies.

【About Turk Eximbank】
Establishment March 1987
Head Office Istanbul, Republic of Turkey
Shareholder Government of the Republic of Turkey (100% state-owned)
Capital TRY 3.7 billion (approximately JPY 113.3 billion)1

Contact
 Corporate Planning and International Relations Group, Corporate Planning and Policy Office



1 TRY = JPY 30.61 (TTB as of the end of 2016)

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