PlainBillCongress, translated.Legislation. Context. Public interest.Placed on Senate Legislative Calendar under General Orders. Calendar No. 531.
Congressional Research Service
Version 00 · Introduced in Senate · Jul 19, 2018
Turkey International Financial Institutions Act
This bill requires the Department of the Treasury to:
oppose the extension by the International Finance Corporation (IFC) and the European Bank for Reconstruction and Development of loans or financial or technical assistance to Turkey or to any entity for a project in Turkey, and
work with other donor countries to develop a lending policy with Turkey that advances human rights.
Treasury may waive the IFC restriction for projects to diversify Turkey's energy resources and lessen its dependence on Russian or Iranian oil or gas.
Such restrictions:
shall terminate after the President certifies to Congress that Turkey is no longer arbitrarily detaining or denying freedom of movement to U.S. citizens (including dual citizens) or locally employed staff of the U.S. mission to Turkey, and
shall not apply to loans or financial or technical assistance for humanitarian purposes.
People & committees
Sen. Corker, Bob [R-TN] · R–TN
Legislative record
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Placed on Senate Legislative Calendar under General Orders. Calendar No. 531.
Committee on Foreign Relations. Reported by Senator Corker without amendment. Without written report.
Committee on Foreign Relations. Reported by Senator Corker without amendment. Without written report.
Committee on Foreign Relations. Ordered to be reported without amendment favorably.
Read twice and referred to the Committee on Foreign Relations.
Introduced in Senate
Primary sources
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Source last updated: Dec 5, 2025. Consult Congress.gov for the current record.
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