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Higher Insurance Cover for Exporters

Higher Insurance Cover for ExportersHigher Insurance Cover for Exporters

The Export Guarantee Fund of Iran, the main export credit agency, says it doubled credit and insurance services to exporters in the first five months of the current fiscal year (March 20- August 21). 
In a report posted on its website, the credit agency said EGFI penetration grew to 10% in the first five months of the year, compared to the average 5% over the past few years. 
“Export cover penetration is now on par with penetration rate of credit agencies in developed countries,” the report said. 

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