Current Affairs - International - Discussion

Discussion Forum : International - Latest Current Affairs (Q.No. 6023)

2017-09-19 International

6023.

For which country, China planned to provide $10 billion credit line?

Bhutan

Nepal

Iran

Fiji

Answer: Option

Explanation:

A Chinese state-owned investment firm has provided a $10 billion credit line for Iranian banks. The contract was signed in Beijing between China's CITIC investment group and a delegation of Iranian banks led by central bank president Valiollah Seif. The Iran Daily said the funds would finance water, energy and transport projects.