Iran Loans More than $250 Million to Bolivia
Bolivia's President Evo Morales (L) and Iran's Industry Minister Ali Akbar Mehrabian during a press conference in La Paz, 30 Aug 2010/ Iran has extended a credit line of more than $250 million to Bolivia as development aid. Iranian Minister of Industries and Mining Ali Akbar Mehrabian announced this week in a press conference that he signed the deal with Bolivian officials while on a visit to the capital city of La Paz. The loan has no use restrictions. But Mehrabian says it could fund mineral exploration and the development of the textile ...
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