39836
Legal Barriers  to Russia Loan Removed
Economy, Business And Markets

Legal Barriers  to Russia Loan Removed

Moscow and Tehran have removed legal barriers to granting Iran a $5-billion state loan, Russian Deputy Foreign Minister Sergei Storchak said.
Preliminary agreements on the state loan to Iran were reached during Russian President Vladimir Putin's visit to Tehran in November 2015, Sputink reported.
“Contradictions in the intergovernmental loan have been removed. I saw my [Iranian] colleague here in Washington, and he said that we’re preparing clean texts. We’ll sign them as soon as the decision is made by the authorities,” Storchak told journalists, specifying that the “contradictions” were legal barriers.
Earlier, Russia's First Deputy Prime Minister Igor Shuvalov said Russia plans to allot Iran the first $2.2 billion in 2016 for projects in electrifying Iran’s railway systems.
Asadollah Askaroladi, head of Iran-Russia Chamber of Commerce had said earlier that in light of two-way relations, $2 billion is meager and trade between the two neighbors is projected to increase by 35% annually.
The two countries also plan to conduct bilateral trade in national currencies.

Short URL : http://goo.gl/eaOhsm
  1. http://goo.gl/N31JDa
  • http://goo.gl/fzSHqp
  • http://goo.gl/yGisSb
  • http://goo.gl/QwPRpS
  • http://goo.gl/RWb7bh

You can also read ...

Airbus, Boeing Executives to Visit Next Week
Executives from aircraft manufacturers Airbus and Boeing are...
TEDPIX gained 1,076.50 points or 1.18% to end trade at 92,628.9, the highest it has ever been.
Tehran Stock Exchange's main index broke above the 92,000...
Tehran to Host Chandeliers Expo
The 25th International Exhibition of Chandeliers and...
t-Lounge by Dilmah was officially launched in Tehran’s Sam Center by Dilmah Founder Merrill Joseph Fernando.
Dilmah Tea, the world-renowned producer-owned tea brand,...
The rial had weakened to its all-time low in the past week, reaching 42,000 per dollar before gaining some ground.
Governor of the Central Bank of Iran Valiollah Seif tamped...
The 11th World Trade Organization meeting concludes in Buenos Aires, Argentina, on Dec. 13.
An Iranian delegation attended the 11th World Trade...
HP has issued a software patch for its customers to remove the keylogger.
Hidden software that can record every letter typed on a...
Reportedly Samsung is on target to expand the iris scanner  to its budget phones by late 2018 or early 2019.
Samsung will reportedly bring several upgrades to the iris...

Trending

Googleplus