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Turkiye: Turk Eximbank announces USD 1.1 billion funding to support exporters’ adaptation to EU’s CBAM

Description

On 29 May 2024, Turkey’s export credit agency, Turk Eximbank, announced a EUR 1 billion (USD 1.1 billion) financial package to assist Turkish exporters' adaptation to the EU’s new Carbon Border Adjust...

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Intervention Details

Intervention Type

Other export incentive

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

29 May 2024

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Outward subsidy

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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