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Czech Republic to open credit line for businesses with Iran

Xinhua, February 2, 2017 Adjust font size:

Deputy Foreign Minister of Czech Republic Martin Tlapa said Wednesday that his country would open a 100-million-dollar credit line to support Czech's businessmen in trades with Iran, semi-official Fars news agency reported.

Opening of the credit line comes in response to the requests by the Czech and Iranian businessmen, Tlapa said, adding that "This credit line means boosting trade cooperation between Iran and Czech Republic."

Czech Republic has announced readiness to help Iran in the field of renewable energies, especially in the field of waste-fuel power plants.

Nuclear energy and waste-fuel power plants are the bases of energy production in Czech Republic and "We can have good cooperation with Iran in these fields," Vice President of the Senate of the Czech Republic Premysl Sobotka said earlier. Endit