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News > French Investment Company Voices Readiness to Finance Irans Projects (10 February 2018)



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French Investment Company Voices Readiness to Finance Irans Projects (10 February 2018)

France’s Public Investment Bank, known as Bpifrance, declared its readiness to expand cooperation with Iran on financing the two countries’ economic projects.

Bpifrance"s readiness was announced during a meeting between Iranian Deputy Economy Minister Mohammad Khazayee and president of the French Public Investment Bank (Banque publique d"investissement) on Friday.

Khazayee is in Paris for a five-day visit aimed at holding talks with French officials on finalization of a memorandum of understanding (MoU) between Bpifrance and the Central Bank of Iran.

During the meeting, Khazayee said Iran is ready to work with the BPI Group S.A. on establishing a new horizon for long-term banking cooperation aimed at benefiting the companies in both countries.

"We will not stop calling for foreign finance and absorbing foreign investment in our projects and moving towards the improvement of our economic situation simply because of other countries’ caution and fear of investing in Iran’s projects,” Khazayee underlined.

The officials at the Bpifrance announced at the meeting that the bank, with support from the French government, is fully ready to cooperate with Iran on financing the economic projects of the two countries.

They also stressed that they aim to finalize the agreement between Bpifrance and the Central Bank of Iran.

In a relevant development in November, , who is in Paris for a five-day visit aimed at holding talks with French officials on finalization of an MoU between Bpifrance and the Central Bank of Iran.

Source: Farsnews - Date: (10 February 2018)


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