Turkey plans to open a bank in Belarus

Turkey plans to open a bank in Belarus. It became known at the 9th plenary session of the Belarusian-Turkish intergovernmental economic commission in Minsk. Also, Belarus sees prerequisites for stepping up banking cooperation. Belarus is interested in attracting the capital of Turkish banks for servicing bilateral economic projects. Belarusian and Turkish companies could use banking services in national currencies. At present, the sides are finalizing an agreement on mutual protection of investments. Apart from that, the Belarusian side sees good prospects for cooperation with Turkey in optimizing freight delivery logistics.