Posts Tagged “Germany-Iran Chamber of Commerce”

Germany agreed €1.2bn loan for Iran rail plan

Germany agreed €1.2bn loan for Iran rail plan

Germany has reportedly agreed to provide Iran with a €1.2 billion ($1.27 billion) credit line to help finance a key rail project in what is seen as the biggest foreign financing the country has been able to secure after the removal of sanctions. Bloomberg has quoted an unnamed official from the Central Bank of Iran…

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