ID :
101226
Wed, 01/20/2010 - 01:22
Auther :
Shortlink :
http://m.oananews.org//node/101226
The shortlink copeid
Export Guarantee Fund of Iran expands activities
TEHRAN, Jan. 19 (MNA) -- The CEO of Export Guarantee Fund of Iran stated that the organizations' activities, covering over $2.3 billion, have increased over the past 10 months.
Kamal Seyyed-Ali said EGFI business had increased some 360 percent compared to the same period in the previous year.
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.
Kamal Seyyed-Ali said EGFI business had increased some 360 percent compared to the same period in the previous year.
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.
