News
03 September 2018

BNDES to allocate $1.2bn credit line to continue ties with Iran

Region:
Middle East & Africa, Americas

Brazil, through its development bank BNDES, has allocated $1.2 billion to boost economic cooperation with Iran. The country is prepared to continue economic cooperation with Tehran even after the US energy and banking sanctions are re-imposed on the Islamic republic in November.

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
20 April 2026

Dangote scales up amid energy market turmoil

Afreximbank has signed on fresh financing for Nigeria’s oil & gas industry at a moment of crisis for the global energy business. The conflict in the Gulf has further...

Perspective
24 April 2026

Jabiru-1: Who’s out of orbit?

The financial fallout from NewSat's failed Jabiru-1 satellite project financing could be stratospheric. Investors are claiming $1 billion or more in damages from banks as part...