TEHRAN (Tasnim) A senior official with Italy's major export credit agency SACE said the agencys 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 agencys value rebounded steadily ...

TEHRAN (Tasnim) Italys export agency SACE announced in a statement on Tuesday that Rome will supply a credit line worth 8.8 billion euros ($10.05 billion) to relaunch exports to Iran. Italys state-run lender Cassa Depositi e Prestiti will offer credit lines of 4 billion euros to companies building oil and gas infrastructure, while SACE will ...

TEHRAN, Dec. 14 (Shana) Representative of Italy's major export credit agency SACE at IPF2015 says public funds must be injected into petrochemical development projects in Iran to accelerate the industry's growth. Giulio Dal Magro, head of heavy industries division of Sace SpA, said his company is prepared to return to Iran's petrochemical industry ...

TEHRAN Nov. 30 (Shana) Iran says Italian insurance agency Servizi Assicurativi del Commercio Estero (SACE) is ready to cover Tehran-Rome deals up to an unlimited ceiling. "The company [SACE] will return to Iran as italy's biggest export credit agency and is ready to insure deals in Iran to an unlimited ceiling," said Iranian Deputy Minister for ...

Iran istaking the most vital step toward reviving foreign trade, activating banking and insurance ties in time for removal of sanctions to process transactions. Foreign companies seeking to enter the Iranian market have to get banks on board to open letters of credit and insurers to underwrite critical export-related risks an arrangement which ...

Iran's Foreign Minister Mohammad Javad Zarif says the level of Irans trade with Italy is "above normal" and the two countries areplanning balanced and long-term bilateral economic relations. Zarif made the remarks in Tehran in a Tuesdaymeeting with his Italian counterpart Paolo Gentiloni, adding that Irans foreign policy is geared towards strengthening ...

Iran and Italy on Sunday signed a bilateral trade insurance agreement which is expected to help facilitate commercial transactions between the two countries, specifically once the US-engineered sanctions against Iran are lifted. The agreement was signed between the Export Guarantee Fund of Iran (EGFI) and Italys Servizi Assicurativi del Commercio ...