Aman Union Archives - Iran News Daily https://irannewsdaily.com/tag/aman-union/ Sun, 10 May 2020 05:02:19 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.4 https://irannewsdaily.com/wp-content/uploads/2020/04/cropped-iranlogo-32x32.png Aman Union Archives - Iran News Daily https://irannewsdaily.com/tag/aman-union/ 32 32 Iran attends Aman Union meeting https://irannewsdaily.com/2020/05/iran-attends-aman-union-meeting/ https://irannewsdaily.com/2020/05/iran-attends-aman-union-meeting/#respond Sun, 10 May 2020 05:02:19 +0000 https://irannewsdaily.com/?p=109981 TEHRAN (Iran News) – The meeting of the board of directors of the International Union of Islamic Export Guarantee Funds also known as the Aman Union was held with the presence of Iran. According to a report by the Export Guarantee Fund of Iran (EGFI), the 20th meeting of Aman Union was held by video […]

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]]> TEHRAN (Iran News) – The meeting of the board of directors of the International Union of Islamic Export Guarantee Funds also known as the Aman Union was held with the presence of Iran.

According to a report by the Export Guarantee Fund of Iran (EGFI), the 20th meeting of Aman Union was held by video conference, IRNA reported on Saturday.

Seyyed Arash Shahr-Aeini, a member of the EGFI board of directors, attended the meeting of the board of directors of the Aman Union.

The EGFI became a member of the board of directors of the Aman Union in 2019, along with the export guarantee funds of Egypt, Jordan, Kazakhstan, Turkey and the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) affiliated multilateral institutions as well as Dhaman Institute of Kuwait for two years.

At this meeting, while approving the minutes of the 2019 meeting, the secretary-general of the summit was transferred from Turkey to the Dhaman Institute of Kuwait.

Shahr-Aeini announced the approval of the 2019 financial statements and the 2020 budget in the meeting along with reviewing the impacts of coronavirus on the financial performance of members and giving the Aman Union Award for successful institutions in the field of export credit insurance.

He said three committees will be formed to oversee short-term, long-term issuance of investment permits.

Aman Union was formed on 28th October 2009 following an agreement between the Arab Investment and Export Credit Guarantee Corporation (Dhaman) and the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) to join their efforts for establishing a union for commercial and non-commercial risks Insurers and Reinsurers in their respective Member Countries.

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]]> https://irannewsdaily.com/2020/05/iran-attends-aman-union-meeting/feed/ 0 EGFI ranks 1st among Aman Union members https://irannewsdaily.com/2019/07/egfi-ranks-1st-among-aman-union-members/ https://irannewsdaily.com/2019/07/egfi-ranks-1st-among-aman-union-members/#respond Wed, 24 Jul 2019 06:01:54 +0000 https://irannewsdaily.com/?p=96506 Afrouz Bahrami, who is visiting Iraq to attend an Iran-Iraq joint trade committee, said “The performance of the Iranian Export Guarantee Fund has been ranked first among all the similar funds in the region.” The official further noted that to provide better services to the Iranian exporters of goods and services in Iraq, two EGFI […]

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]]> Afrouz Bahrami, who is visiting Iraq to attend an Iran-Iraq joint trade committee, said “The performance of the Iranian Export Guarantee Fund has been ranked first among all the similar funds in the region.”

The official further noted that to provide better services to the Iranian exporters of goods and services in Iraq, two EGFI representative offices are going to be established in the Kurdistan and southern Iraqi regions.

“We need the Iraqi authorities’ support and cooperation in order to accomplish this goal, although the first office is already ready to be inaugurated in the Kurdistan region,” she said.

Elsewhere in her remarks, Bahrami stated that in order to facilitate and develop the cooperation between the two countries in the field of engineering services, the two sides have discussed replacing contract-based warranties issued by EGFI with bank guarantees.

“The two sides reached an agreement on the matter and now it only requires correspondence and follow-up by Iranian officials in Baghdad,” she added.

The Iran-Iraq joint trade committee is aimed to pursue the agreements reached between the two countries during the Iranian presidential trip to Iraq.

The committee will examine two basic issues of addressing the priorities of cooperation between the two countries in order to realize the two sides’ $20-billion trade target and removing barriers to trade.

The committee focuses on eight key factors in Iran and Iraq’s economic ties, including trade, banking issues, standards, customs, industrial and investment issues, technical and engineering services, transportation and transit, and solutions for increasing interactions between the two countries.

Aman Union was launched in October 2009 following an agreement between the Arab Investment and Export Credit Guarantee Corporation (DHAMAN) and the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) to join their efforts for establishing a union for commercial and non-commercial risks Insurers and Reinsurers in their respective Member Countries.

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