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Iran, Russia sign investment protocol on economic projects

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Iranian Deputy Economy Minister Mohammad Khazaei and his Russian counterpart Sergei Storechak in a meeting here on Tuesday signed an investment protocol on joint economic projects between Iran and Russia.

The 15-clause protocol anticipates opening of governmental export credit for economic and industrial projects.

The Iranian and Russian deputy economy ministers underlined the need for the expansion of mutual cooperation in different economic fields and the need for further cooperation and efforts in this regard.

The two sides also exchanged views on financing the industrial projects in the two countries.

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