Baku, Azerbaijan, Oct. 4
By Fatih Karimov– Trend:
The Export Guarantee Fund of Iran (EGFI) has signed a cooperation document with the Export Credit Insurance Corporation (KUKE), Poland's official export credit agency.
The memorandum of understanding was signed by Kamal Seyyed Ali, head of the EGFI and Piotr Stolarczyk, vice-President of the KUKE, on the sidelines of the Berne Union Meeting in Belgrade, Serbia, The EGFI said.
The Berne Union, also known as the International Union of Credit and Investment Insurers, is an international non-profit association and community for the global export credit and investment insurance industry.
Iran became a member of the Berne Union in May 2016.
Under the MoU, the EGFI and KUKE will cooperate for facilitating trade and in exchange of economic, banking, and insurance information.
During the meeting, Seyyed Ali expressed hope that mutual banking and insurance cooperation between Iran and Poland will increase in the near future.
The EGFI has signed similar documents with Germany’s Hermes, which offers export credit guarantee (ECG), and Swiss Export Risk Insurance (SERV) as well as the Hungarian Export Credit Insurance Plc (MEHIB), the Portuguese export credit agency (COSEC), Sri Lanka Export Credit Insurance Corporation (Slecic), Finland’s official export credit agency (Finnvera), Brazilian Guarantees and Fund Managements Agency (ABGF) and Export-Import Bank of the Slovak Republic (Eximbanka SR) in recent months.