Austria's OeKB and Australia's EFIC increase Iran export financing

Austria's OeKB raises Iran export financing
Press TV, Tehran, 28 September 2016) The Central Bank of the Islamic Republic of Iran (CBI) says Austrian export credit agency OeKB has raised its cover for Iran transactions to 1 billion euros, the Mehr news agency reports. The announcement by Austrian Minister for Finance Hans Jörg Schelling came during a meeting with CBI Governor Valiollah Seif in Vienna, the report said.
Australia hails 'dawn of new age' in Iran ties
(Payvand, San Francisco, 28 September 2016) Iran and Australia have signed fresh agreements to forge closer ties, with Austrian Trade Minister Steve Ciobo announcing the dawn of a new age of relationship. Ciobo is leading a trade delegation of more than 20 companies to Tehran, seeking out opportunities, buoyed by the prospects in Iran's mining, oil and gas, and other industries as well as the near 80 million population. Australia's export credit agency EFIC and Export Guarantee Fund of Iran (EGFI) signed a fourth MoU to facilitate trade and help businesses navigate challenges arising from sanctions which still continue to dog dealings with Iran.