Archive: December 22, 2014

FINANCIAL CHANNELS AND INTERNATIONAL SANCTIONS

December 22, 2014

 According to Zawya.com on December 20, 2014:

Iran-China Joint Chamber of Commerce Chairman Asadollah Asgaroladi said that China has financed several Iranian projects.

“We agreed to receive our money in the form of goods and finance,” the official explained, Iran’s Mizan News Agency reported on Dec. 16.

“The country has no debt to us anymore, except for the goods,” he said.

“Bank of Industry and Mine, Parsian, and Pasargad banks are currently working in this regard,” the official explained.

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EXPORT INSURANCE AND EXPORT GUARANTEE

December 7, 2014

It is reported on the website of egfi.org on November 30, 2014 that:

Within the visit of Alexey Ulyukaev, Minister of Economic Development of the Russian Federation, to Islamic Republic of Iran, with the invitation of Mohammad Reza Nematzadeh, Minister of Industry, Mine and Trade of I.R. of Iran, Export Insurance Agency of Russia (EXIAR) and Export Guarantee Fund of Iran (EGFI) entered into a Framework Agreement aimed at developing trade and investment between Russia and Iran. The timing of this signing follows several high level agreements between the two countries.

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