BAKU, Azerbaijan, May 10
By Elnur Baghishov - Trend
The investment of the Export Guarantee Fund of Iran has reached to $200 million, director of the Export Guarantee Fund Afruz Bahrami tweeted, Trend reports.
According to Bahrami, the decision made by the Supreme Economic Council of Iran will be a great support to Iran's exports.
Bahrami added that this decision will increase the export risk of the Export Guarantee Fund to $5 billion.
The Export Guarantee Fund’s investment was $100 million.
The Export Guarantee Fund of Iran had insurance coverage totaling $2.6 billion in the past year of Iran (March 21, 2019 to March 20, 2020.
Last year, Iran exported 133.9 million tons of products worth $41.3 billion.