Iran to open EUR 150mn credit line to boost trade with Bosnia.

By bne IntelliNews April 30, 2010
Iran is to open a EUR 150mn credit line to finance bilateral trade and industrial projects with Bosnia , Iranian economy and finance minister Seyyed Shamseddin Hoseyni announced during his visit to the country. The funds will also be used for joint projects and joint ventures in third countries, he added. The line will be kept open, i.e. the money returned to the fund could be used again, Hoseyni said. Bosnian and Iranian representatives signed a cooperation memorandum in tourism.

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