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UAE-Turkey reconciliation continues with trade agreement

The move follows a currency swap agreement between the two countries and the Turkish president's visit to the UAE.
KARIM SAHIB/AFP via Getty Images

Trade entities in Turkey and the United Arab Emirates signed an agreement yesterday to bolster bilateral trade. 

The UAE’s federal export credit company Etihad Credit Insurance and its Turkish equivalent Turk Eximbank agreed to “facilitate trade and export and ease access to credit insurance and project financing.” They signed the memorandum of understanding at a ceremony in Istanbul, the official Emirates News Agency reported. 

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