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


Interview
05 December 2025

Adaptability in action with BU President Akita

Yuichiro Akita, President of the Berne Union and senior general manager, international strategic policy, at Nippon Export and Investment Insurance (NEXI) discusses the...

Perspective
11 December 2025

Sizewell C: DFI/ECA collaboration for new nuclear

New nuclear’s construction risk and development timelines have made it difficult to bank – until now. The RAB revenue model means that Sizewell C’s funding package includes an...