Irna: Export Guarantee Fund of Iran was elected unanimously as one of five members of AMAN Union’s Board of Managers, here Friday. |
Pointing out that membership at that union is a great success for the Islamic Republic of Iran, Seyed Ali added, “Export Credit Agencies of 14 countries were present at AMAN Union General Assembly, where EGFI along with Turk Eximbank managed to gain the unanimous vote of the participants for membership at AMAN Managerial Board for a two year period.”
He said, “Right after the Islamic Republic of Iran and Turkey, the United Arab Emirates, Malaysia, and Tunisia managed to become that board’s members with lower votes.”
The Chairman and CEO of EGFI said presentation of the professional performance report of the Fund in which the lowest possible loss during the global economic recession period was marked along with the superb level of the cover for Iran’s non-oil exports played the major role in gaining the unanimous vote for membership at the union.
Seyed Ali reiterated, “The first General Assembly of that union was held in Beirut on Thursday and Friday, following two years of initial surveys done in Saudi Arabia under the supervision of ICIEC (an affiliate institute of Organization of the Islamic Conference).
During this meeting the first Article of association and Charter of that union was approved by the members, and then the election of its managerial board was done.”
The Iranian official said that providing facilities for making investments in and having exports to entire Islamic countries is the main duty of AMAN Union, adding, “The Islamic Republic of Iran is engaged in numerous projects in various Islamic countries and membership at this union is very fruitful in finding partners and providing funds for pushing forth those projects.”
He reiterated, “EGFI as the representative of the Islamic Republic of Iran used to be a member of the Islamic Corporation for Insurance of Investments and Export Credits (ICIEC) in the past, but had never been a member of any Arab investment and credit insurance funds, so the establishment of the AMAN Union and the Islamic Republic’s membership at it would lead to the establishment of a close relation between the two bodies.”
Representatives from Iran, Turkey, Egypt, Algeria, Saudi Arabia, the United Arab Emirates, Indonesia, Sudan, Uzbekistan, Turkmenistan, and Benin were present at AMAN Union’s General Assembly in Beirut.
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