Iran and Russian Finance Ministry to sign agreement on $2.3 billion credit line

Today Iranian mass media reported about an agreement reached between Iran and Russia on opening a credit line. Loans will be directed to the implementation of joint projects related to the construction of a railway and the TPP in Iran.

"Iran and Russia will sign an agreement on Monday on opening a credit line for joint projects on the construction of a railway connecting the cities of Gyarmsar and Ince-Borun, as well as the construction of a thermal power plant in Bandar Abbas,’’ Tass cites Iranian mass media.