Global Trade Alert
Global Trade Alert

Republic of Korea: Eximbank signs agreement with the Central Bank of Iran to promote Korean overseas business activities

Announcement

03 May 2016

On 2 May 2016, the Export-Import Bank of Korea (Korea Eximbank) announced signing the Recognition of the Framework Agreement with the Iranian Central Bank.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

03 May 2016

Revocation date:

No revocation date

Updated: 03 May 2016
Trade finance In force

The Recognition of the Framework Agreement between Korea Eximbank and the Iranian Central Bank has a value of EUR 8 billion (USD 9.2 billion). The agreement purpose is to facilitate ...

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