USD 40BN finance by China for Iran

USD 40BN finance by China for Iran
ID : N-850 Date : 2017/12/22 - 10:58

(Persia Digest) – The Chief of the CBI has announced a USD 40BN finance for Iran by Chinese banks.

Valiollah Seif added: “Negotiations are underway with the Chinese. One of the positive steps taken is the excellent financial lines that the Chinese are considering to use in Iran to carry out investment projects, some of which have already been signed and some are being discussed.”

About the amount of the financing, he said: “This figure could reach 40 billion euros.”

Seif talked about the reopening of the frozen accounts of Iranian students in China, and said: “Following my visit to China, I submitted a letter regarding the matter and we are hoping this will be resolved soon.”

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