MOSCOW (Sputnik) – Russia and Iran plan to invest upward to $40 billion in joint mid-term projects, Russian Energy Minister Alexander Novak said Friday.
“In my view, from all of the agreements and discussions from yesterday, we have moved on to some sort of a list of projects with an overall value of around $35-$40 billion. This is obviously not for one year, but for a certain mid-term period of time because there are some projects that are long-term,” Novak said in an interview with Russia’s Rossiya-24 television channel.