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Turkey and Tatarstan agree step up support for Small and medium-sized companies

by John Pierce
July 3, 2023
in Business
2 min read
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Turkey and Tatarstan have agreed to cooperate more Intensively for The development of small and medium-sized enterprises (SMEs), a official Thursday said.

The two sides plan to reciprocate programs Through a jointly agreed action plan as part of memo of Memorandum of Understanding, signed by the Small and Medium Enterprises Development Organization of Turkey (KOSGEB) and the Tatarstan Entrepreneurship Development Fund.

The agreement was signed during the 13th International Economic Summit, Russia and the Islamic World: Kazan Summit 2022, held in Russian Republic of Tatarstan.

KOSGEB head Hassan Basri Kurt said the two institutions would do so work Together intensively to develop SMEs in Turkey and Tatarstan, building on The strong bilateral relationship that exists.

“We see new chances in We can cooperate in many areas.

Mega international Economic gathering aims to strengthen relations between Russia and the member countries of the organization of Organization of Islamic Cooperation (OIC), deals with topics of Partnership Financing, Halal Industry, Export Development, Entrepreneurship and Investment.

It was the halal industry key concentration of The top, according to Kurt A rising The worldwide industrial trend, in particular in Muslim countries.

This industry has seen a lot progress in Turkey and part of it of The work of will kosgeb ensure Its business is halal certified.

“we currently Offer 10,000 Turkish Liras ($615) of certificate support For our small and medium businesses who want to obtain certification from a halal accreditation organization,” Kurt said.

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Kurt highlighted the importance of Small and medium business development in Organization of Islamic Cooperation countriesgiven the contribution they can make to employment and the economy development And the social More.

Cited the example of Turkey as a country has received great attention all over the world for that it success in Small and medium business development over The past 20 years.

The country’s exports have increased dramatically, and small and medium-sized enterprises are gaining greater prestige in The shares of These exports while contributing to economy A job offer, he said.

The role of KOSGEB represents Turkey as best As much as possible by sharing files success Stories with Other interested, developing countries concluded Curt.

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