64711
Iranian, Finnish ECAs Sign Wide-Ranging Agreement
Iranian, Finnish ECAs Sign Wide-Ranging Agreement

Iranian, Finnish ECAs Sign Wide-Ranging Agreement

Iranian, Finnish ECAs Sign Wide-Ranging Agreement

Export Guarantee Fund of Iran signed an agreement with Finland’s state-owned export credit agency, Finnvera, on the sidelines of the Berne Union Spring Meeting in Copenhagen.
The agreement was signed by Kamal Seyyed Ali, the head of EGFI, and Topi Vesteri, Finnerva’s deputy CEO, to expand the two entities’ cooperation in co-insurance, reinsurance, credit assessment, claims prevention and recovery of debts that help the exporters of both countries, EGFI’s Public Relations Office reported on Tuesday.
During the meeting, Seyyed Ali called for upgrading Iran’s risk rating, “which is not satisfactory at present”.
The OECD has classified Iran at Level 6, though Iranian officials expect an upgrade to 4.
Topi Vesteri, who is also the president of the Berne Union, said the related committees would consider positive factors of Iran’s economy for assessing the risk ranking.  He was also hopeful about expansion of commercial ties between Iran and Finland in the future, with the help of both countries’ banks.
The Berne Union Spring Meeting in Copenhagen, Denmark, was held on May 15-17.
Iran became a member of the Berne Union in May 2016, when the union and Prague Club agreed to form a new global association for export credit and investment insurer.

 

Short URL : https://goo.gl/J67noZ
  1. https://goo.gl/b6I2Kd
  • https://goo.gl/QdHcPV
  • https://goo.gl/AUiOYT
  • https://goo.gl/WKFGc6
  • https://goo.gl/mTMQKh

You can also read ...

iPhone 8 Arrives in Tehran
Apple’s new handsets iPhone 8 and 8 Plus arrived in Tehran on...
The Meeting of Central Banks and Monetary Authorities of the OIC Member Countries was held on September 21-22 in Bodrum, Turkey. 
Governor of the Central Bank of Iran Valiollah Seif said given...
Petrochemical products account for the lion’s share of the export price index (46%).
The export price index snapped its two-month contraction and...
Oberbank Deal to Trigger European Finance Flow
The chief executive of Oberbank–whose bank this week became...
Apparel tops the list of goods smuggled into Iran.
The Ministry of Industries, Mining and Trade has introduced...
Unwanted Mehr Housing Units to Be Repurposed
With the aim of bringing to a close the protracted and...
Proton Dissolves Dormant Subsidiary in Iran
Malaysian industrial group DRB-Hicom Berhad, the owner of...
SCI Puts Inflation at 8%
The goods and services Consumer Price Index in the 12-month...

Add new comment

Read our comment policy before posting your viewpoints

Image CAPTCHA
Enter the characters shown in the image.

Trending

Googleplus