Translate

17 de septiembre de 2017

China makes 'wet paper' US sanctions against Iran to grant a credit line of $ 10,000 million


A Chinese national flag flutters in the wind in between a high-rise residential and office complex in Beijing, China.  (File)

China makes 'wet paper' US sanctions against Iran

China  has opened  a credit line of $ 10,000 million  to fund infrastructure projects in the Persian country. This leaves  in 'wet paper' sanctions approved by Washington against Tehran.
According to the president of the Central Bank of  Iran, Valiollá Seif , the state - investment China  CITIC  opened a  line of credit in euros and yuan  to several Iranian banks to finance projects undertaken by  Tehran  in the fields of  energy, transport and other infrastructure projects.
© AFP 2017 / STR

Seif  said that these credits, along with previous investments in  China -valoradas 15,000 million dollars , show how strong is the desire of both countries to maintain their cooperation.

China credits  are part of the project of the  New Silk Road  devised by  Xi Jinping  and provides for the creation of a  global network transport one to China and Europe.
Beijing is the world 's largest importer of  Iranian oil  and also absorbs a third of exports from Tehran.
Previously,  Beijing opened two credit lines to Iran  worth  4.200 million dollars  that were used to build  railways  between  Tehran and the  cities of Mashhad and Isfahan.

For now, Western banks are wary of addressing this issue, especially after  Washington  imposed sanctions  on Tehran,  freeze assets of the Persian country and limit its financial transfers.
Thanks to Chinese investments , these restrictions have become useless. In fact  Beijing  is not the only country that wants to invest in the Persian economy.
Austria, Denmark and Germany  also shuffled this possibility as they progress negotiations between banks and their  Tehran  on opening a credit line of 22.000 million.

No hay comentarios:

Publicar un comentario

No se admiten comentarios con datos personales como teléfonos, direcciones o publicidad encubierta

Entrada destacada

PROYECTO EVACUACIÓN MUNDIAL POR EL COMANDO ASHTAR

SOY IBA OLODUMARE, CONOCIDO POR VOSOTROS COMO VUESTRO DIOS  Os digo hijos míos que el final de estos tiempos se aproximan.  Ningú...