The measure is designed to ease financing constraints facing the private sector, particularly amid ongoing international financial restrictions that have limited access to external credit. “This initiative could help open foreign credit lines for major infrastructure and development projects,” Heidari said, according to remarks carried by the ministry’s news outlet.

By effectively converting commercial bank guarantees into sovereign obligations, the government aims to lower perceived risk for foreign lenders and investors, a key barrier to cross-border financing involving Iranian counterparties.

Heidari noted that the policy would play a significant role in mobilising funding for large national projects, while also strengthening the position of the private sector in attracting foreign capital.