Recent Posts

Iran, Venezuela to Loan Bolivia $225mln

TEHRAN (FNA)- Iran and Venezuela are to loan Bolivia 225 million dollars to create a state cement company for the construction of roads and houses, the deputy minister for small and medium business, Eduardo Peinado, said Saturday.

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Gov’t Orders NIOC to Deposit Oil Money in Foreign Banks

TEHRAN (FNA)- Iranian government has ordered the state oil company to deposit oil revenues only in selected banks, a move viewed as an effort to dodge toughening sanctions against Tehran.

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