VOL. XLV
No 51/52
23/30-December-2002
IRAN
UKs ECGD Completes First Iranian Deal In 20 Years
The UKs Export Credits Guarantee Department (ECGD) announced on 11 December that it had completed its first deal in Iran in more than 20 years after supporting Snamprogetti in a 23.4mn ($37.5mn) petrochemicals project. Snamprogetti, the UK subsidiary of Italys Snamprogetti SPA, has designed, engineered, manufactured and built a carbon monoxide production plant for Fanavaran Petrochemicals, a subsidy of...
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