TEHRAN, January 2 - Iranian Minister of Economy Masoud Karbasian said a credit line opened for Iran by Russian Eximbank does not have any limitation and the potential can be used for barter and exports.
TEHRAN, Young Journalists Club (YJC) - He said the Organization of Investment and Economic and Technical Assistance of Iran is ready to provide the economic activists with guide and instructions to use the credit line.
The minister added that Iran and Azerbaijan are going to hold joint economic cooperation commission on January 16 and 17 in Tehran.
A session of Iranian and Azeri traders and industrial activists is going to be held on the sidelines of the commission as well, he said.
On December 27, the Eximbank of Russia, a leading group supporting exports and imports, signed a deal to supply a credit line for four Iranian banks to finance various projects in the Islamic Republic.