10:30 GMT22 February 2020
Listen Live
    Business
    Get short URL
    1162
    Subscribe

    Moscow and Tehran were able to remove legal barriers in granting Iran a $5-billion state loan, Russian Deputy Foreign Minister Sergei Storchak said.

    WASHINGTON (Sputnik) – Preliminary agreements on the state loan to Iran were reached during Russian President Vladimir Putin's visit to Tehran in November 2015.

    “Contradictions in the intergovernmental loan have been removed. I saw my [Iranian] colleague here in Washington, and he said that we’re preparing clean texts. We’ll sign them as soon as the decision is made by the authorities,” Storchak told journalists, specifying that the “contradictions” were legal barriers.

    Earlier, Russian First Deputy Prime Minister Igor Shuvalov said Russia plans to allot Iran the first $2.2 billion in 2016 for projects in electrifying Iran’s railway systems.

    Related:

    Russia's Rosneft Interested in Oil, Gas Projects in Iran
    Israel Refuses to Comment on Russian S-300 Systems Deliveries to Iran
    Russian S-300 Supplies to Iran Prompt Turks, Saudis to Turn to Israel
    Russia’s Shows Green Light to Iranian Products to Substitute Turkish Goods
    ‘Iranian Space Success Result of Close Contact With Russian Scientists’
    Russia Confirms Delivery of First S-300 Air Defense Systems to Iran
    Safe Skies: Russia Delivers S-300 Air Defense System to Iran
    Obama's 'Red Line' on Russian Su-30 Sale to Iran Unlikely to Hold
    Azerbaijan Wants to Tackle Terrorism with Russia and Iran's Help
    Russian Deliveries of S-300 Air Defense Systems to Iran Not Under Sanctions
    Iran National Bank Hopes to Resume Cooperation With Russian Banks Soon
    US to Block Russian Su-30 Sale to Iran Under UN Security Council Resolution
    Tags:
    loan, Sergei Storchak, Iran, Russia
    Community standardsDiscussion
    Comment via SputnikComment via Facebook