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Export Credit Guarantee Department

Export Credit Guarantee Department is to offer credits denominated in rupees as part of an innovation to boost trade with India. The move means Indian firms can cut exchange movement risk.

Kvaerner Construction says it is the first British firm to re-establish contact with Iran following a £10.5M consultancy services contract for a new coalmine in Tabas. The award was from IRASCO, the engineering subsidiary of Iranian International Engineering Company IRITEC.

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