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A Mutual Agreement was Signed between the Mining Investment Insurance Corporation and Industry and Mine Bank/A Tripartite Agreement was Signed between the Mining Investment Insurance Corporation, Industry and Mine Bank and Iran Minerals Production and Supply Co.

A Mutual Agreement was Signed between the Mining Investment Insurance Corporation and Industry and Mine Bank/A Tripartite Agreement was Signed between the Mining Investment Insurance Corporation, Indu
The Mining Investment Insurance Corporation signed two agreements, one mutual and one tripartite, at the end of the Production Expansion through Reviving and Reactivating Small Mines conference.

According to the Mining Investment Insurance Corporation’s public relations, in order for reviving and reactivating and developing mines in the last segment of the Production Expansion through Reviving and Reactivating Small Mines conference, a tripartite agreement was signed between the Mining Investment Insurance Corporation, Industry and Mine Bank and Iran Minerals Production and Supply Co. in order to facilitate small mines financially.

There was also signed another mutual agreement between the Mining Investment Insurance Corporation and the Industry and Mine Bank. 
This agreement was signed in order to grant facilities to the applicants from the Industry and Mine Bank inside sources to provide for the machinery, tools and other projects related to mining activities and supply the working capital for the applicants introduced to the insurance corporation while the insurance corporation provides them with credit insurance policies.
This agreement between the insurance corporation and the Industry and Mine Bank was signed before, but this time it was corrected in order to ease up the miners’ access to the the bank sources.
The Mining Investment Insurance Corporation is one of the main participants of this project, and these agreements are needed in order to develop the plans regarding the financial source supplies.
 

 

 

Aug 4, 2019 13:57
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