We Still Have UKEF12 May 2018 08:21
UKEF, the UK�s export credit agency, has reintroduced cover to support UK companies seeking to compete for business in Iran.
Cover is now available on a case-by-case basis in Pounds Sterling and Euros for exports in all sectors, including early priority areas such as aerospace, financial and professional advisory services, infrastructure, technology and oil and gas sectors.
UKEF will also consider applications for direct lending to purchasers of British exports to Iran.
UKEF is only prepared to consider sterling or euro denominated contracts to reduce risks due to continuing US sanctions on Iran.
UKEF can support UK firms to win export contracts provided the transaction meets minimum risk standards.