Moscow, Tehran Agree Key Terms of $7-8Bln Russian Loan

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.

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.
  (Sputnik)
 12/11/15 
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