On Wednesday a signing ceremony was held during the 33rd Ministerial Session of the Standing Committee for Economic and Commercial Cooperation (COMCEC) in Istanbul.
An agreement, where the chiefs of the Turkish Red Crescent, AFAD and TOBB attended, was signed to support 1,500 Palestinian families who migrated to Turkey.
The deal of the project that is planned to start on 1 December this year, was signed between the Turkish Red Crescent, Islamic Development Bank (IDB), Turkish Cooperation and Coordination Agency (TIKA), Credit Guarantee Fund, Turkey's Disaster Management Agency (AFAD), the Union of Chambers and Commodity Exchanges of Turkey (TOBB), WAFA Group and the Statistical Economic and Social Research and Training Center for Islamic Countries (SESRIC).
"With this broad participated support, our Palestinian siblings can look after themselves and their families," Kerem Kinik, head of Turkish Red Crescent said while he emphasized the need of decent jobs for Palestinians.
The first step of the project is protection, followed by business and capacity development.
The Islamic Development Bank is said to provide education and mentorship in this second step; people, who can set up businesses and develop projects will be supported.
The third step is providing funding and credit; which Turkey's Credit Guarantee Fund will be responsible of.
TOBB will undertake the last step, which is about providing network between occupation and entrepreneurs.
*Written by Suna Nur Sarihan.