EghtesadOnline: President Hassan Rouhani’s Cabinet has allowed the Central Bank of Iran to engage in negotiations and sign the “agreement of the host country” required for the ECO Trade and Development Bank to open a representative office in Iran.

EghtesadOnline: Domestic water and power plans are expected to draw a total of €4 billion ($4.63 billion) in finance from Islamic Development Bank, ECO Trade and Development Bank as well as Asian Infrastructure Investment Bank, Iran’s energy minister announced.

EghtesadOnline: The Central Bank of Iran has signed a cooperation agreement with ECO Trade and Development Bank in Turkey that could pave the way for the multilateral lender to grant finances to Iran.