Iranian debt: East-West Debt news update on the debt situation in IRAN

International events influence the solutions for solving overdue trade and bank debts. East-West Debt can offer attractive financial solutions for solving non-performing trade and bank debts in Iran

East West Debt, solving defaulted trade and bank debt

East-West Debt march 2003 news, update : IRAN

We are pleased to present another issue of East-West Debt news update on the debt situation in the world. International events influence the solutions for solving overdue trade and bank debts. East-West Debt can offer our readers attractive financial solutions for solving non-performing trade and bank debts ...

... thanks to the expertise of our international network of experts. East-West Debt is an international financial company specialised in the recovery of overdue debt. To be successful to our clients, we give the highest priority to attractive creativity, quality and integrity for solving overdue debts in high risk countries.

East-West Debt offers financial solutions to multi-nationals, banks, governments, and insurance companies in solving overdue debts in high-risk countries in:

Africa,

the Middle East,

Eastern Europe,

Latin America,

South-East Asia.

For solving overdue debts, East-West Debt is using the following solutions:

debt equity swaps

debt for counter-trade

debt for debt swaps

debt collection

international litigation

debt recovery

defaulted emerging market debt

Iran
The World Bank is planning to lend $70 million to the Tehran Municipality for environmental protection. Already a non-reimbursable grant of $1 million has been earmarked for research and $1 million has been earmarked for research and development on environmental issues.

The Bank is ready to participate in the modernization of the sewage system, and to implement measures to safeguard the environment and transportation. The Bank also insists on reforming the financial auditing systems and designing a self-sustaining financial mechanism for the city.

The World Bank has also granted $400,000 for environment reservation and infrastructural development. It plans to distribute up to $80 million for implementing projects in the above mentioned fields over a four year period beginning in the second half 2003.

In addition to the World Bank loans, Iran is planning to take advantage of the Bank's affiliated companies including the International Finance Cooperation (IFC) which provides facilities to the private sector, and MIGA (Multilateral Investments Guarantee Agency) which guarantees investments of member countries in each other.

ALGERIA ARGENTINA BRAZIL EGYPT
INDONESIA IRAN IRAQ CONGO NIGERIA PAKISTAN TURKEY UKRAINE SAUDI-ARABIA AZERBAIJAN

East-West Debt has made every effort to ensure the accuracy of this publication. Neither the company nor any contributor can accept any responsibility for -including but not limited to- errors, omissions, opinions or advice given. This publication is not a substitute for professional advice and all information is for guidance only.