Turkey, Islamic Developmen­t Bank sign deals worth $567 million

Dünya Executive - - OVERVIEW -

Turkish Deputy Prime Minister Mehmet Simsek signed two 20-year financing agreements worth around $567 million with the Islamic Developmen­t Bank (IDB) on Nov. 22, the Turkish Treasury has stated. A 312 million euro deal ($367 million) was for the production of 10 high-speed trains as part of a 106-train project conducted by the Turkish state railway company and a $200 million deal related to energy projects, it said.

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