Country trade data

• Whole turnover policy: Covers all exports made by an Iranian exporter to different countries against political and commercial risks for a period of 1 year
• Specific policy: Covers one or more shipments made by an Iranian exporter to a foreign buyer under a single contract
• Techno-engineering services policy: Covers construction projects implemented, or engineering services provided, by Iranian contracting and engineering companies against political and commercial risks
• Export contract frustration policy: Covers loss incurred due to the frustration of the exports letters of credit/contracts
• Discounting of export bills insurance policy: Covers risks of non-payment of the export bill discounted by Iranian banks
• Sight letters of credit insurance policy: Covers the risk of non-payment of the issuing bank to the advising bank, after receiving documents mentioned in the letter of credit
• Bank guarantee insurance policy: Covers the risk of calling of the bank payment guarantee, which is issued by the Iranian banks in favor of foreign financiers of Iranian technical projects in target markets
• Investment insurance policy: Covers the principal and interest of the medium- and long-term investments made by the Iranian investors in target countries solely against political risks
• In case the investor gets a loan from a bank for a project, he/she can assign the rights of the investment policy to the financing bank as a security

• Local credit guarantee: For financial institutions that provide short-term local currency loans to Iranian exporters to finance export activities and provide working capital
• Buyer’s credit guarantee: For foreign buyers who intend to import goods or services from Iran

• Manufacturer’s credit guarantee: For Iranian exporters buying export commodities on credit terms from a domestic manufacturer
• Manufacturer’s credit guarantee: For Iranian exporters buying export commodities on credit terms from a domestic manufacturer

• Concentration on plans with mid-term and long-term credit allocation

• Coordination and close cooperation with the Trade Promotion Organization of Iran as the administrator of exports

• Upgrading knowledge and promoting culture of using export credit coverage in the country

• The agency is affiliated to the Ministry of Industry, Mine, and Trade of Iran, with the purpose of supporting, developing, and promoting Iran’s non-oil exports

• 2023: Iranian and Byelorussian ECAs signed MOU