10 January 2018 - 15:19

Italy and Iran to Ink 5 bn euro Investment Agreement

Iran and Italy will sign a 5 billion euro credit agreement to help Italian companies finance in Iran's investment projects.
News ID : 80287
پرچم ایران

Italy and Iran will on Thursday sign a framework credit agreement worth 5.0 billion euros ($6 billion)whereby Rome will help Italian companies invest in Iran, a Treasury source said on Wednesday.



The accord foresees the opening of lines of credit to two Iranian banks by Invitalia, an Italian state-owned holding, in order to finance investment projects by Italian companies, the source said.


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