BAKU, Azerbaijan, Jan. 26
By Elnur Baghishov - Trend:
An agreement was signed between the Iranian Export Guarantee Fund and the Iranian Hafez Insurance Company to simplify the investment making process and increase the export volume in the free and private trade zones, Trend reports referring to the Iranian Export Guarantee Fund's website.
The agreement was signed by Chairman of the Iranian Export Guarantee Fund Afrouz Bahrami and Head of Board of Directors of Hafez Insurance Company Mahmoud Dudange.
After the signing ceremony, Bahrami said that the establishment of an insurance consortium to manage export risks is a new strategy of the fund.
“The Iranian Export Guarantee Fund is trying to create export security with the help of insurance companies,” Bahrami added.
In turn, Dudange said that the purpose of the agreement signed with the fund is to renew insurance packages for export.
Dudange said that the positive effects of the agreement will be observed soon.