Intergovernmental organizations

The outbreak of COVID-19 as a global health emergency and the resulting socio-economic crisis is a test for international cooperation.

Turkey is conducting talks to establish swap lines with members of G20, with more than one swap line possible, said the country's treasury and finance minister.

"We are doing one-to-one swap negotiations with G20 countries with which we have a trade deficit and a free trade agreement," Berat Albayrak said in a closed-door online meeting with international investors.

Turkish Treasury and Finance Minister Berat Albayrak has ensured international investors that Turkey's reserves are sufficient and Ankara has been holding swap line talks with other countries.

Turkey has accepted Palestine's call for medical and financial assistance in the fight against the novel coronavirus,
according to an official statement on April 23. 

Turkey announced an aid package for Palestine during an extraordinary meeting of the Organization of Islamic Cooperation (OIC), Palestinian Foreign Minister Riyad al-Maliki said in a statement.

Britain will lose its influence in the world and become a "second-rate player" after leaving the EU, said Donald Tusk, quoted by Reuters.

Proponents of Brexit point out that the UK is the fifth largest economy in the world and argue that leaving the EU will open up new opportunities in world trade.

It gives me a great pleasure to congratulate the participants of the 7th Summit of the Turkic Council, the public of the Turkic world with the significant date - the 10th anniversary of adoption of the Nakhchivan Agreement on the Establishment of the Cooperation Council of Turkic-Speaking States.

The European Parliament has voted Christine Lagarde's nomination as President of the European Central Bank.

Lawmakers voted 394 in favour, 206 against and with 49 abstentions in the parliament's plenary in Strasbourg.

The approval of Lagarde's nomination is uncertain, as the final decision on her appointment is taken by the European Council.

Member states of the Turkic Council took a historic step in May in Kazakhstan by establishing the Joint Turkic Chambers of Commerce and Industry (TCCI) to institutionalize existing economic cooperation. The TCCI held its first-ever General Assembly meeting in İstanbul on July 31 where it elected its first president, TOBB Chairman Rıfat Hisarcıkoğlu.

Leaders of seven largest economies agree to assist countries affected by disaster, writes NOVA TV. 

World leaders at the G7 summit have agreed to help countries affected by the huge fires that devastate the Amazon rainforest in the fastest possible way. This was stated on Sunday by French President Emmanuel Macron.

The Turkic Council held a senior officials meeting at the level of deputy foreign ministers in Istanbul on Aug. 2, where they discussed opening of a representation office in Hungary.