World  Business and Economic Analysis 

TEHRAN - Iran’s Foreign Minister Hossein Amir Abdollahian and the Economic Cooperation Organization’s new Secretary General Khosro Nazeri have held talks over ECO’s role in the region and in strengthening cooperation among member states.

Amir Abdollahian expressed satisfaction with the implementation of infrastructure and long-term projects in the fields of transportation, trade, finance and banking. He voiced hope that incomplete projects will be finished during Nazeri’s tenure, the Iranian foreign ministry said. 

The Iranian foreign minister also voiced regret over the recent terrorist attacks in Afghanistan which is a key member of ECO.

Elsewhere, Amir Abdollahian referred to recent negotiations between Iran and the European Union in Tehran and Brussels, saying the nuclear talks between Iran and the 4+1 group of countries will soon resume.

In the meeting, ECO’s secretary general expressed pleasure with his trip to Iran.

Nazeri appreciated Iran’s effective help with his appointment as ECO’s chief and gave a report on the activities of the body including arrangements that are afoot to hold the ECO summit in Ashgabat on November 28 with the presidents of member states in attendance.

He underlined Iran’s key role in ECO and urged the Islamic Republic to continue supporting the important regional organization.

Amir Abdollahian reaffirmed Iran’s continued backing for ECO and its secretary general, expressing hope that in the Ashgabat summit which is expected to be attended by Iran’s president, key decisions will be made for development of regional cooperation.

It should be pointed out that Khosro Nazeri from Tajikistan was recently appointed as ECO’s secretary general.


وزیر اقتصاد به پیام توئیتری عبدالناصر همتی پاسخ داد: در شرایطی که کشور با کسری بودجه بی‌سابقه تحویل دولت سیزدهم شد به لطف خدا در مهرماه مخارج دولت "بدون هیچ انتشار ⁧ اوراق بدهی⁩ جدید" تأمین شد


The Minister of Economic Affairs and Finance said: "Iran's economic priority requires several short-term measures with good effectiveness, but these short-term measures must be considered in the long-term path of economic reform."

Ehsan Khandouzi, referring to his quick presence at his workplace after winning a vote of confidence from the Islamic Consultative Assembly, said: "The special conditions of Iran's economy are such that I consider using every moment to increase the performance of the 13th government a trophy."

He added: "The government's plan was for the ministers to start their work immediately after gaining the vote of confidence, so while thanking Dr. Dejpasand and his deputies, we will start economic activities and programs immediately."

Regarding his acquaintance with the Ministry of Economy, Khandouzi said: "In the past, by the grace of God, I was with economic experts and economic managers of the organizations affiliated to the Ministry of Economy in the field of economic policy, and I am ready to work with a clear horizon."

Regarding the most important priorities and plans ahead, the Minister of Economy said: "Iran's economy needs several short-term measures with good effectiveness, but these short-term measures must be considered in the long-term path of economic reform."

Dr. Khandouzi added: "These reforms include enhancing the role of the Ministry of Economy in macroeconomic policy-making to restore macroeconomic stability, reduce price and currency fluctuations, and similar problems. Unfortunately, we are at very unfavorable thresholds compared to previous decades. Macroeconomic stability We will have a rapid move towards economic growth and per capita income growth, which is still at one of the lowest per capita income points in the last decade.

He added: "The third point is to help rearrange the performance of the Iranian economy to neutralize sanctions and basically that the Iranian economy is not so fragile and vulnerable to external pressures."

The Minister of Economy pointed to the main responsibility of the Ministry of Economy and said: "The main responsibility of the Ministry of Economic Affairs and Finance is to finance economic development and government financing from sustainable, safe and low-risk methods." The assets that I announced in the plans of the Ministry of Economy can also be the key to a new path in economic transformation.

Regarding communication with academics, reference groups and interaction with the private sector, he explained: "Certainly, the Ministry of Economy will succeed when it systematically uses experiences and the academic and research capacities of the country and specialists, and therefore, a specific mechanism for communication with We are considering economic experts and thinkers and raising issues and problems and addressing the priorities that non-governmental, manufacturing and export sector activists face most, and these interactions will help the front line soldiers of the Iranian economy.

Finally, he expressed hope that with the help of private and cooperative institutions, organizations and associations, we can start an effective period in the Ministry of Economy.



By: Hassan Hosseini

Phd in Finance
Investment&Finance Advisor for Real Estate

Asset finance is a type of business funding that enables you to access an asset for your business by paying for it in instalments – or leasing it – over a set period of time. You name it, there's probably an asset finance product for it; from vehicles and machinery to kitchen equipment, office furniture, IT equipment, and more.

It’s important not to confuse asset finance with asset refinance. While the former lets you buy or rent an asset without the large upfront capital expenditure, asset refinance enables you to release the cash value of an asset you own. In other words, the asset is transferred to the lender as collateral in return for a business loan.

Types of asset finance
As a business owner, you might decide to use asset finance if you can’t afford to buy business critical equipment upfront. You may also use it if you would rather make smaller payments over an agreed period than a large upfront expenditure. As with many types of business finance, fees and interest payments apply.

Here are the five main types of asset finance:

1. Hire Purchase
If you want to own the equipment or machinery when you come to the end of the term, hire purchase could be the asset finance type for you. Once you’ve met the repayments the asset is yours to keep.

It’s likely that the asset will be a positive item on your balance sheet from the start of the term, but bear in mind that the finance provider will own it until you’ve paid it off.

You’re responsible for maintaining the asset and you can’t sell it until the term has ended, or – if the finance agreement allows – you’ve settled the contract early.

2. Hire purchase with Balloon Payment (Business Contract Purchase)
There is a type of hire purchase where the monthly payments are reduced so they only cover the interest on the loan. The final (or ‘balloon’) payment is used to repay the loan. Although the monthly repayments are lower, the total cost is higher.

3. Finance Lease
If you opt for a finance lease the finance provider will purchase the asset and rent it to you. You’ll make monthly repayments until you’ve covered the cost of the asset (plus the interest). You’ll also be responsible for insurance and maintenance.

You’ve got three options at the end of the term:

Carry on renting the asset

Return the asset

Sell the asset on behalf of the finance provider

4. Operating Lease
If you need an asset for a specific period of time, an operating lease might be the most suitable form of asset finance to explore. You can take out an operating lease on equipment for a set duration – and even upgrade to a newer model within the rental period, depending on the agreement.

Unlike a finance lease, the finance provider is responsible for the asset’s maintenance throughout the finance agreement.

5. Contract Hire
Do you rely on fleets? Contract hire is used for leasing vehicles. Acquiring and maintaining fleets can be very time-consuming; with contract hire, the provider sources and maintains the vehicles. You make payments over a set lease term.

Asset finance advantages and disadvantages
Asset finance can make it easier for you to access high value items that you otherwise wouldn’t be able to pay for. It’s also a way to avoid locking your capital away in a big purchase (that could depreciate down the line).

Asset finance makes it easier to raise funds than with a traditional business loan.

By allowing you to avoid large and burdensome upfront payments and (depending on the type you choose) ownership costs like maintenance, you can achieve better cash flow in your business. However, as with any type of finance, there are advantages and potential disadvantages to consider before making a decision.

If you don’t adhere to the agreement you’ve made with the lender, they could repossess the equipment or machinery, leaving you unable to meet customer demand.

Asset finance potential advantages
Small or no upfront costs

Faster access to business assets

The value of the asset is spread over the term

The asset acts as collateral for the finance

Maintenance is often – but not always – handled by the provider

Maintain control over working capital

Freed up capital can be used to fund other business activities

Fixed interest rates and monthly repayments aid cash flow management

Access to new and efficient assets can give you a competitive edge

Asset finance potential disadvantages
You may never own the asset

The asset will be repossessed if you don’t meet the repayments

The minimum term is usually one year or more

You may be liable for damage

There could be a limit on the usage, e.g. mileage for vehicles

Applying for asset finance
Asset finance gives your business a cash injection to buy assets without putting cash flow at risk. At Funding Options, we provide SMEs access to the most extensive range of business finance on the market, including a variety of asset finance options.

We can match you with the best asset finance solutions for your needs. We’ll guide you through the application process and make sure you get the best deal. Whether you’re looking for asset backed finance to ease cash flow or a lease option to hire equipment for your growing business, start your funding journey with us today.

کتاب عملیات بانکی در عرصه بین الملل -سرفصل ها،ضمائم ،توصیه صاحب‏نظران ارزی و مدیران ارشد بانکی

Investment Consulting &Project Finance


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