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EGFI Says Coverage at All-Time High

EGFI Says Coverage at All-Time High
EGFI Says Coverage at All-Time High

The Export Guarantee Fund of Iran, the country's state-owned export credit agency, issued more than $3.5 billion in export guarantees in the last fiscal year ending March 20. 
It said it set the record despite mounting US pressures on Iran's economy and its economic blockade to disrupt Iran’s foreign trade. 
"The figure was 35% higher than the year before and the highest since the fund was founded 50 years ago," a press release on the EGFI website said. 

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