Norwegian Export Credit Guarantee Agency (GIEK)

** “We haven’t been able to guarantee investments in Iran so far, this has to do with the banking sector and the banking relationships with Iran. Because we need a bank to cooperate with in case we should do some transactions and this has proven to be very, very difficult,” Nistad added." (Reuters, "2/28/2018). (https://www.reuters.com/article/norway-exports-oil/norways-giek-export-credit-agency-cut-oil-gas-exposure-in-2017-idUSL8N1QI627)

"Despite requests from exporters, GIEK has so far been unable to support businesses seeking to sell to Iran

Export Credit Norway and GIEK have today signed memorandums of understanding to facilitate financial cooperation between Norway and Iran. (8/22/2016) (https://www.eksportkreditt.no/en/norwegian-exporters-to-benefit-from-agreements-with-iranian-agencies/)