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UK export credit agency ECGD has renewed its pre-approved cover limits on state-owned commercial banks in Iran . ECGD has now doubled the level of cover that had previously been available and approved medium-term cover on these banks for the first time. The agency is now able to support contracts of up to around US$25mn, with a maximum 10 years credit on the following banks: Saderat, Mellat, Melli, Tejerat, Sepah.