Export Guarantee Fund of Iran expands activities

TEHRAN, Jan. 19 (MNA) -- The CEO of Export Guarantee Fund of Iran stated that the organizations activities were on the rise and covered over $2.3 billion in the past 10 months.

Kamal Seyyed-Ali said EGFI business had increased some 360 percent compared to the same period in the previous year, the Islamic Republic of Iran Broadcasting reported.


Seyyed-Ali said that in the first 12 years of EFGI activities, from 1994 to 2005, coverage issued by the fund reached about $600 million, and in the last 3 years and two months it hit a total of $3.8 billion.


He said that the fund has taken measures to further expand business and overtake all regional competition in southwest Asia in the future.





News Code 38088

Your Comment

You are replying to: .
  • captcha