EDBI's financing facility shall be extended under the insurance coverage of Export Credit Agencies acceptable to EDBI (such as Export Guarantee Fund of Iran) and in order to guarantee repayment of EDBI's financing facility together with accrued facility charges, the foreign buyer shall provide EDBI with a guarantee to be determined by the respective ECA.

Export Credit Agency and Payment Guarantee

EDBI's financing facility shall be extended under the insurance coverage of Export Credit Agencies acceptable to EDBI (such as Export Guarantee Fund of Iran) and in order to guarantee repayment of EDBI's financing facility together with accrued facility charges, the foreign buyer shall provide EDBI with a guarantee to be determined by the respective ECA.

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