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Moscow, Tehran agree key terms of $7-8Bln Russian loan

12 Nov 2015 - 14:31


Moscow and Tehran have agreed on the main conditions of allotting Iran a $7-8-billion loan under joint projects with Russian companies, Iranian First Deputy Industrial Minister Mojtaba Khosrowtaj said Thursday.

MOSCOW (Sputnik) – He added that the “loan of $7-8 billion would be applied to purveyors from Russia and buyers in Iran for the realization of projects.”
“Yes, we have reached such a high-level agreement. Now it’s the work of the banks to agree on the technical details of work in this scheme,” Khosrowtaj told RIA Novosti in an interview.
By Sputnik News


Story Code: 188486

News Link :
https://www.theiranproject.com/en/news/188486/moscow-tehran-agree-key-terms-of-7-8bln-russian-loan

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