Iran’s Minister of Economic Affairs and Finance who is in South Korea to participate in Asia Infrastructure Summit 2017 met with the head of South Korean Exim Bank.
(SHADA: TEHRAN) -- In the meeting, the financing of development and infrastructure projects in the field of energy, petrochemical, oil, and health was discussed.
According to the report, the representatives and officials of the Organization of Investment, Economic, and Technical Assistance of Iran (OIETAI), the Central Bank, and the banking system of Iran as well as officials of the Exim Bank of South Korea attended the meeting, reaching an agreement on opening a credit line of 8 billion euros.
During the meeting the Korean officials expressed their interest to finance development and infrastructure projects in the areas of energy, petrochemical, oil, and health.
Ali Tayyebnia, Iranian Economy Minister, also pointed to the positive developments in the economy and investment opportunities in Iran and said that potential cooperation prompted many countries to show their interest in economic and financial cooperation with Iran.
South Korea’s seriousness and enthusiasm will lay the groundwork to implement agreements signed between the two countries, Tayyebnia added.