Iran Signs Deal With Czech Credit Agency

Iran News - - DOMESTIC -

TEHRAN - Iran signed a co­op­er­a­tion doc­u­ment with the Ex­port Guar­an­tee and In­sur­ance Cor­po­ra­tion (EGAP), Czech Repub­lic’s of­fi­cial ex­port credit agency.

Ac­cord­ing to Iran’s Cen­tral Bank, the bank signed a deal with EGAP to ease trade re­la­tions and to boost in­vest­ment.

Di­rec­tor of Iran’s Cen­tral Bank Hos­sein Yaghoobi dur­ing the meet­ing with Vice Chair­man of EGAP Mr. Marek Dlouhy signed the agree­ment.

The deal was signed in pres­ence of Czech Repub­lic Am­bas­sador to Tehran. Both sides called for im­ple­ment­ing the agree­ments and more talks on pro­vid­ing fi­nan­cial sources for the joint projects.

EGAP is a credit in­sur­ance cor­po­ra­tion in­sur­ing credit con­nected with ex­ports of goods and ser­vices from the Czech Repub­lic against po­lit­i­cal and com­mer­cial risks unin­sur­able by com­mer­cial in­sur­ance.

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