Russia to provide a $5 billion loan to Iran

Iran’s Minister of Energy Reza Ardakanian will visit Moscow to follow up the issue of Russia’s allocation of $5 billion of loan for constructing two major projects in Iran.
21.11.2019 11:40:09 / English News

Energy Minister Ardakanian said that he would visit Moscow on Thursday to follow up the issue of Russia’s allocation of $5 billion of loan for implementing two major projects in Iran.

When Russian Energy Minister Alexander Novak visited to Tehran in October 2015, Russia had agreed to allocate a $5 billion loan to Iran for implementing joint infrastructure projects in October 2015. (ILKHA)

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