Managing Director of Exports Development Bank Ali Salehabadi said a credit line with a value of 20 million euro has been provided for export of goods to Russia.
Talking to reporters on Monday, he said Russian companies are currently keen for imports from Iran especially foodstuff, making it necessary for providing banking facilities to this end.
He said there are no problems on opening of LC credit lines with Russian banks.
He said Iran has already talked to Russian banks in this connection.
The official further noted that a total of dlrs 2.5 billion credit lines has been opened by his bank in the past nine months while the figure stood at dlrs 700 million during the same period last year.
Commenting on Iran-Turkmenistan banking relations, he said Iran imported between two and three billion dollars worth of gas from Turkmenistan.
Iranian President Masoud Pezeshkian is going to Visit the Republic of Azerbaijan next week to…
Iran’s Permanent Mission to the United Nations has flat-out rejected the Israeli regime’s allegation that…
Iran’s missiles are aimed at deterring those seeking to potentially target the country, and are…
Gaza’s Government Media Office has announced that all hospitals in northern Gaza are out of…
Iranian Foreign Ministry Spokesperson Esmaeil Baghaei has stated that the Islamic Republic will definitely respond…
Israel has officially informed the United Nations of its decision to withdraw from an agreement…