Russia opens 5 bln USD credit line for Iran's water projects
billion-U.S. dollar credit line to fund 's plans to develop its water resources, semi-official Mehr news agency reported on Saturday. Iran and Russia have been cooperating on projects to explore and exploit deep water resources in the country, Iran's Deputy Energy Minister Rahim Meidani was quoted as saying. An earlier agreement on the projects entailed the allocation of credit line by the Russians, he said. A portion of the credit line, which has also been approved by the Iranian Majlis (parliament), will be used for joint exploration ...
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