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EGFI, Credit Oman Ink MoU on Export Financing Deal
Export Guarantee Fund of Iran signed an MOU with Credit Oman for tightening mutual business ties on the sidelines of the 17th round of Iran-Oman Economic Commission and in the presence of Minister of Industry, Mines and Trade of Iran, Mohammad Shariatmadari and Minister of Commerce and Industry of Oman, Ali ibn Masoud Al-Snyadi, in Muscat.

Export Guarantee Fund of Iran signed an MOU with Credit Oman for tightening mutual business ties on the sidelines of the 17th round of Iran-Oman Economic Commission and in the presence of Minister of Industry, Mines and Trade of Iran, Mohammad Shariatmadari and Minister of Commerce and Industry of Oman, Ali ibn Masoud Al-Snyadi, in Muscat.


This agreement which was signed by Seyed Arash Shahraini, The MOB and Underwriting deputy of the EGFI; and Mr. Qais Mohammed Moosa AL-YOUSEF, CEO of Credit Oman, could replace the banking system between the two countries by facilitating trade and investment, and obviate the problems associated with the issuance of Guarantees to a large extent. Co-Insurance, Reinsurance, and exchange of credit information on Iranian and Omani buyers are some important parts of the MOU.

According to Mr. Shahraini, the initiatives envisaged in the memorandum could promote the level of Iran-Oman trade relations to US$ 5 billion as one of the government's goals.

Date:
2018/07/01
Number Of visits :
2052
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