Russia may grant loan to Iran in 2016 — minister

Russia may grant a public loan to Iran worth $5 bln already next year in case all formalities are settled in the first quarter of 2016.

Russia may grant a public loan to Iran worth $5 bln already next year in case all formalities are settled in the first quarter of 2016, the Minister of Industry and Trade Denis Manturov said on Tuesday.

"I think in case we manage to settle all formalities in the first quarter of 2016 (loan’s granting) may already be implemented next year," Manturov said.

First published by TASS.

All rights reserved by Rossiyskaya Gazeta.

More exciting stories and videos on Russia Beyond's Facebook page
Read more

This website uses cookies. Click here to find out more.

Accept cookies