The need to guarantee international trade in the mining industry
Deputy Minister of Industry, Mines and Trade: Ensuring international trade and investment is essential for mining and mining companies.
According to the International Exhibition of Iranian Stone, "Khodadad Gharibpour" in the meeting "Introducing the capacities of the Export Guarantee Fund of Iran" which was held as a video conference with the presence of representatives of mining companies and mining companies, added: Export Guarantee Fund in accordance with standards , Covers the political and commercial risks of exporters, and mining companies and mining companies can take advantage of this capacity to secure their business transactions.
"The Export Guarantee Fund covers exporters' political and trade risks in accordance with the standards, and mining and mining companies can take advantage of this capacity to guarantee their trade," said Imidro's chief executive.
He said: "This year, we are facing the events of the Corona crisis, the fall in commodity prices and demand, and on the other hand, we are in a situation of sanctions."
Gharibpour added: "This year, due to the focus of production leaps in the national economy, the role of facilitator groups will be more prominent and economic enterprises can use such capacities to achieve their production and export goals."
Payment of four hundred and seventy million damages
The CEO of the Export Guarantee Fund of Iran announced at the meeting: The role of this fund is to support and facilitate exports by covering export credit risks through credit insurance policies and other financial instruments.
Afrooz Bahrami said that the fund covered eighteen billion dollars of non-oil exports in the last ten years, during which time it paid four hundred and seventy million dollars in damages.
He said that the fund has two hundred and forty million euros in foreign exchange resources, adding that according to this year's budget, the fund's capital increase will be up to one hundred million euros.
Bahrami said that one of the axes of "production leap" is the development of exports, adding that helping to finance export companies is another mission of the fund.
Referring to other duties and missions of the Export Guarantee Fund, the CEO of the Export Guarantee Fund of Iran said: "Facilities for exported goods or services, investment in exported goods and services and other items that are necessary or useful in the development of export at the discretion of the Cabinet." Well, that's another mission of this fund.
Therefore, in this meeting, the representatives of the National Copper, Mobarakeh, Chadormlu, Iralco, Hormozgan and Zobahan Steel companies presented their problems and suggestions, and in order to increase cooperation, it was decided that the Export Guarantee Fund of Iran will hold specialized meetings with mining companies. And hold the country's mining industry.
* IRNA
