TEHRAN (Tasnim) � A senior official with Italy's major export credit agency SACE said the agency�s value of services has witnessed a steady growth after it signed a cooperation document with the Islamic Republic of Iran.





Marco Frioli, the director of the Middle East and North Africa department of SACE, said the agency�s value rebounded steadily after an agreement was signed between Iran and the company during a visit by President Hassan Rouhani to Rome back in January.

He made the remarks while addressing an investment commission session at Iran�s Chamber of Commerce in Tehran recently.

SACE�s value of services, which previously stood at �1 billion, now has reached �2.5 billion, Frioli added.

Rouhani visited Rome on January 25 at the head of a high-ranking delegation, which included government officials, Iranian entrepreneurs and businessmen.

Key documents were signed during his trip, which set out a roadmap for mid- and long-term cooperation with Rome in various arenas, including investment, technology, transportation, exports insurance, agriculture, and tourism.

By Tasnim News Agency