Russian Finance Minister Anton Siluanov said Moscow plans to fund two major projects worth $2 billion in Iran in the wake of the recent nuclear deal between Tehran and six world powers.
"We met our Iranian colleagues in Moscow. There are two projects where we are considering a possibility of our companies' participation and the possibility to extend credits worth around $2b," Siluanov said on the margins of the G20 Summit on Monday, Tass reported.
The G20 meeting began earlier on Sunday in the Mediterranean resort city of Antalya in Turkey and ended on November 16.
Following the recent nuclear deal between Iran and the P5+1 (Russia, China, the US, Britain, France and Germany) on July 14, foreign business executives and financial bodies are shuttling to Iran to lay the groundwork for investment and trade.
The comprehensive nuclear deal between Iran and the six powers would terminate all nuclear-related sanctions imposed on Iran once it comes into force.