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Economic News in Previous Week

Iran News - Feb 27, 2001

Italy Pledges to Grant Credit to Iran

Managing director of the Iranian Insurance Company, G. Tellini pledged to consider measures to grant further credit to Iran. The company has previously granted credits of more than 3.5 billion euros to Iran. Following his talks with the head of Iran’s Export Guarantee Fund, Tellini noted that Iran was an important country with 70 million of population and there were huge potentials in the country to invest.