A three-day trade visit to highlight growing business opportunities for UK exporters in Iran was today announced by the Export Credits Guarantee Department (ECGD).
The trade visit by Business Group Director John Weiss is a further sign of ECGD's willingness to develop trade opportunities with Iran and comes after a ten-day fact finding visit to Iran by ECGD's Oil, Gas & Petrochemical team earlier this year.
The latest trade visit comes on the heels of ECGD's announcement that it has provided an export credit guarantee through HSBC Bank plc to Basingstoke-based Snamprogetti Ltd to help build a Ј72 million styrene monomer manufacturing plant. The plant, based in Bandar Assaluyeh on the Gulf coast, will be used in the production of various products including synthetic rubbers and plastics for both
the domestic and export market.