Export Development Bank of Iran supports non-oil exports
Baku, Azerbaijan, Aug. 12
By Elnur Baghishov – Trend:
Due to restrictions on Iranian oil exports, the Export Development Bank of Iran (EDBI) supports the export of non-oil products, Member of the Board of the EDBI Mohammad Jafar Mazdeh told ISNA, Trend reports.
According to him, the export of non-oil products is currently of great importance and value for the country, be it in terms of earning foreign currency, production or employment.
“The EDBI is ready to provide all exporters with financial resources, so as to enable exporters to both increase and diversify their exports,” he said.
It was added that the EDBI has branches in every province of Iran. Exporters can get information on obtaining loans by contacting the branches of this bank.
Iran's exports of non-oil products for the first 3 months (March 21 - June 21) of the current Iranian year totaled at about $11.5 billion, while the imports of non-oil products exceeded $10 billion.