Cover Policy – Export Credit Guarantees
Cover facilities are available on a case-by-case basis.
Cover facilities are available on a case-by-case basis. In addition, cover is available for project finance and other structured finance deals, where necessary based on countertrade transactions.
As a rule, collateral provided by the Ministry of Finance or the central bank is required.
For short-term transactions this requirement may be waived if
- the buyer is an affiliated company or
- if the buyer belongs to an international group the creditworthiness of which is beyond doubt or
- if collateral from an Iranian bank, in respect of which informative information material is available, is provided or
- if third country guarantees are provided.
Country information on commercial practices, business climate, market analyses, law, import procedures, customs duties can be found on the website of Germany Trade & Invest (gtai).
Cover Policy – Untied Loan Guarantees
There do not exist any restrictive country cover policy decisions for Untied Loan Guarantees. However, when deciding on cover of raw material projects, the Federal Government always takes the current situation in the host country into account. If you have any queries, please do not hesitate to contact our experts.
No responsibility is taken for the correctness of the information provided.