Global Trade Alert
Global Trade Alert

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

Announcement

29 May 2024

In May 2024, Turk Eximbank announced USD 1.1 billion funding to support exporters’ adaptation to the EU’s Carbon Border Adjustment Mechanism.

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

29 May 2024

Revocation date:

No revocation date

Other export incentive In force

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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