Director of Global Financial Markets of Oberbank underlined Austrian small and medium-sized enterprises’ greater interest in the Iranian projects, saying that Oberbank’s line of credit contract with 14 Iranian banks in the field is very important.
Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) Managing Director Mahdi Karbasian announced a finance agreement between Iran and Germany, saying Iran will receive good news about mining finances from a number of countries.
Japan's Ministry of Economy, Trade and Industry has requested an 11-percent hike in its budget for acquiring exploration and upstream development-stage assets in fiscal 2018-19 (April-March) as the country is looking at opportunities in Iran, Russia and the US, a ministry official said Friday.
Iran will finalize financing contracts worth $30 billion within the next month, said the head of the Organization for Investment, Economic and Technical Assistance Mohammad Khazaei, dismissing claims that the credit lines will leave the country in the red.
Mohammad Javad Zarif, who has been nominated to continue to serve as foreign minister in President Hassan Rouhani’s second term, said on Saturday economic diplomacy and the boosting of ties with neighboring countries will be the Foreign Ministry’s top two priorities in the next four years.