Germany’s Hermes to Guarantee Iranian Investments

By John Lee.

Germany’s Hermes Insurance has reportedly said it is willing to provide insurance coverage for investment projects in Iran, especially in the energy and power sectors.

According to Mehr News Agency, the announcement was made at a joint meeting between Iran’s Foreign Minister Mohammad Javad Zarif and German Minister for Economics and Energy Brigitte Zypries in Berlin on Tuesday.

It says the export credit guarantee (ECG) scheme by the German government offers an array of insurance options which are mainly targeted at exports to developing countries and emerging markets.

(Source: MNA)

No comments yet.

Leave a Reply