Iran discloses amount of Export Guarantee Fund’s investments

Business Materials 31 August 2019 16:46 (UTC +04:00)

Baku, Azerbaijan, Aug. 31

By Elnur Baghishov - Trend:

The Iran Export Guarantee Fund’s investments have reached $100 million, Afruz Bahrami, director of the fund, said.

These investments account for 0.2 percent of Iran's export of non-oil items, Bahrami added, Trend reports referring to IBENA News Agency.

Bahrami added that Iran's export of non-oil items has been supported.

He said that the Export Guarantee Fund can not be compared with those in other regional countries in terms of finance.

Bahrami said that the investments of Saudi Arabia's Export Guarantee Fund reach $4 billion, while the investments of Turkey's Eximbank - $2 billion.