Sunday, June 16, 2019
International Cooperation

EGFI’s International Relations

Export Guarantee fund of Iran, as the official Export Credit Agency of Iran, supports Iranian exporters and investors in international markets. To meet this end, “Country Risk and International Cooperation Department” not only tries to expand its cooperation with international, and foreign entities, but also it monitors the commercial and political risks in different countries to assess risk with which Iranian exporters/investors as well as EGFI, as the insurers, face. Doing research on EGFI’s counterparts, and their products, as well as on commercial, economic, and financial issues is another major task which is done.

International relations of EGFI could be categorized as follow:

1. Membership in international entities

These memberships facilitate EGFI’s access to the current rules and regulations as well as updated information and expertise in the field of Credit Insurance in the world.

The international entities in which EGFI has membership are: Berne Union (Prague Club), The Islamic

Corporation for the Insurance of Investment and Export Credit (ICIEC), Aman Union.

2. Cooperation with foreign Export Credit Agencies (ECAs)

Export Guarantee Fund of Iran has signed Memorandum of Understanding on Cooperation (MOU) with some of its counterparts in different regions in the world. These MOUs are in the field of re-insurance, coinsurance, training, exchange of information and expertise, credit assessment of buyers, claims prevention, recovery and any other issue agreed by both sides. Moreover, some Facultative Reinsurance Agreements (FRA) has been signed with some foreign ECAs/companies to fulfill EGFI’s need in reinsurance and management of its risk portfolio. Having relations and exchange of information with counterparts is not limited just to those signed MOUs with.

The ECAs, EXIMBANKs, and other institution with which EGFI has signed MOU and/or FRA are as follows:

Name of Institution

Country

Year

KUKE

Poland

2017

Finnvera

Finland

2017

EXIMBANKA SR

Slovak Republic

2005, 2017

COSEC

Portugal

2017

ASEI

Indonesia

2016

ABGF

Brazil

2016

MEHIB

Hungary

2016

SLECIC

Sri Lanka

2016

SERV

Switzerland

2016

Euler Hermes

Germany

2016

EFIC

Australia

2016

GIEK

Norway

2016

ECGC

India

2002, 2016

OEKB

Austria

2016

EKN

Sweden

2016

K-Sure

Korea

1999, 2016

NZECO

New Zealand

2016

UK Export Finance

UK

2016

KazExportGuarant (KECIC)

Kazakhstan

2004, 2015

EIAA

Armenia

2015

SACE

Italy

2015

EXIAR

RUSSIA

2014

CAGEX

Algeria

2004, 2014

LCI

Lebanon

2014

ECGE

Egypt

2014

GARANT

Switzerland

2014

Al-Bilad Bank

Iraq

2012

AMAN UNION

Saudi Arabia

2009, 2012

TC Bank

Belarus

2012

SID

Slovenia

2009

ICIEC

Saudi Arabia

2004, 2009

NAIFE

Sudan

2009

IGA

Bosnia & Herzegovina

2009

NEXIM

Nigeria

2008

AOFI

Serbia

2008

EXIMR

Romania

2007

EXIMGARANT

Belarus

2001, 2007

UZBEKINVEST

Uzbekistan

2001, 2006

MEXIM (MECIB)

Malaysia

2006

ECIC SA

South Africa

2005

TBI

Iraq

2004, 2005

SMECA

Serbia & Montenegro

2005

IAIGC (Dhaman)

Kuwait

2004

JLGC

Jordan

2004

LEMMA

Ukraine

2004

ATI

Kenya (Africa)

2004

PHILEXIM (ex TIDCORP)

Philippines

2004

MIGA

USA (World Bank)

2004

SMAEX

Morocco

2004

INGOSSTRAKH

Russia

2003

HBOR

Croatia

2003

SEP (SFD)

Saudi Arabia

2003

COTUNACE

Tunisia

2003

ECGA O

Oman

2002

SINOSURE

China

2002

THAI EXIMBANK

Thailand

2002

BAEZ

Bulgaria

2002

Turk  EXIMBANK

Turkey

2001

EIHB (Europqisch-Iranische Handels Bank AG)

Germany

2001

KUKE

Poland

2000

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
3.Participation in Joint Commission Meeting between I.R. of Iran & other countries

To support Iranian exporters, Export Guarantee Fund of Iran participates in Joint Commission Meetings held between I.R. of Iran and other countries. These meetings are also a good opportunity for EGFI to negotiate with foreign counterparts, banks, companies, etc. to improve its relations with them.


 

 

Date:
2017/10/08
View:
1757
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Tell : (+98 21) 88733370
Fax : (+98 21) 88733376
Email : intl@egfi.org
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