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


Video
07 April 2026

Crisis in the Gulf: Sullivan & Worcester on trade under...

TXF speaks to Sullivan & Worcester partner Robert Parson about trade disputes, credit escalation and the flight to size as the crisis in the Gulf continues.

Interview
08 April 2026

Linxon’s Reisacher on working with ECAs in challenging times

Stefan Reisacher, CEO of EPC contractor Linxon, discusses how to work with ECAs in challenging conditions. Contractors need to improve communications with sub-suppliers - from...