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EKONOMİK
FORUM
Projects turn into investment and
investments turn production thanks to CGF
F
aik Yavuz, Credit Guarantee Fund
(CGF) Chairman of Board, said,
“We provide service with the initiati-
ve to enable SMEs, which lack surety,
to access financing. Developing SMEs
and supporting innovative enterpri-
ses, we help these establishments to
grow and increase their production.”
One of the most important chal-
lenges facing Small and Medium-sized
Enterprises (SMEs) that are the driving
forces behind the national economy is
the lack of easy access to finance. Cash
flow is vital for enterprises to make new
investments and to survive intense com-
petition in the market.
Economic mobilization for
Iran as embargoes lifted
A
fter the lifting of the sanctions on Iran,
Turkish business people got mobilized
in an effort to grab a share from the country’s
USD 110 billion worth market. Chaired by M.
Rifat Hisarcıklıoğlu, President of the Union
of Chamber and Commodity Exchanges
of Turkey (TOBB), a delegation from TOBB
visited Iran to lead the way to the country for
Turkish businesses. The Preferential Trade Ag-
reement signed between the two countries
on 29 January 2014 also offers considerable
advantages to Turkish industries.