VOL. XXXVI

NO. 2

12-OCTOBER-1992

Financial and Banking News

REGIONAL FINANCING

No Signs of Compromise in Dispute over Iranian Export Credit Cover

Export credit agencies are maintaining their hard-line position regardingcover for Iranian risk, with the result that medium-term cover for Iran remainsfrozen. The Iranian authorities have yet to respond to the agencies' demand thata Ministry of Finance or Central Bank guarantee be given on all Iranian riskcovered by the agencies. Without a response from...