Russia, Iran to sign USD2b deal for 2 massive projects


(MENAFN) Russia is ready to step in Iran's rich business playfield; therefore it intends to spend USD2 billion on two huge projects in the oil-rich Asian country, according to the G20 Summit's outcomes.

Upon the recent nuclear deal between Iran and the P5+1 (Russia, China, the US, Britain, France and Germany) on July 14, many doors were opened with vast opportunities standing behind it.

Basically, it seems that numerous foreign business executives and financial bodies from every continent on earth are shifting focus to Iran in order to lay the groundwork for investment and trade.

Furthermore, the comprehensive nuclear agreement between Iran and the six powers is set to terminate and dismiss all nuclear-related sanctions enforced on Iran once it comes into action.


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