US/Turkey sign investment agreement

Article Abstract:

Turkey has forged a new trade agreement with the US that it hopes will bring in new investment opportunities and help it create and develop an international zone in the southeastern region. The Turkish government withdrew a request for a $5-billion loan to help the nation rebuild after a devastating earthquake in 1999 because it did not feel the US Congress would approve the request. Government officials believe that they can rebuild, without US aid, through the assistance of the International Monetary Fund and Wolrd Bank.

Administration of General Economic Programs, Trade Relations, Turkey

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International factoring: the viable financing alternative

Article Abstract:

Corporations have increasingly become more flexible with customers to maintain and grow sales within an increasingly competitive, global economy. The ability to provide better financing terms to internationl clients has become a critical element of any sales package. International factoring has been gaining popularity among US exporters as an attractive alternative export financing alternative as they enable them to comepete and increase global sales more effectively without increasing their international risk exposure.

Commercial Banking, Foreign trade, World, Business Factoring, Factoring (Finance)

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