Baku, Azerbaijan, June 12
By Khalid Kazimov - Trend:
Tehran has sealed the deals worth $35 billion with global banks following the implementation of the Joint Comprehensive Plan of Action (JCPOA), an Iranian official said.
Mohammad Khazaei, president of Organization for Investment, Economic and Technical Assistance of Iran, has said that signing more agreements is also possible but time consuming, IRNA news agency reported.
According to Khazaei, Japan has agreed to extend a credit line worth $10 billion for Iran and at the same time, Japan International Cooperation Agency (JICA) is expected to provide the Islamic Republic with a $2 billion cheap loan.
He further described an $8 billion deal with Seoul Korea's Eximbank, a $5 billion deal with the Korea Trade Insurance Corporation (K-sure) and establishment of a credit line with Norway as the achievements of the JCPOA.
