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Home » Archives » June 2008 » Iran, Venezuela to launch joint bank

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06/18/2008: "Iran, Venezuela to launch joint bank"


Iran has announced it is reviewing the launch of a joint development bank with Venezuela that would have over $1 billion in start-up funds.

"Iran and Venezuela have positive cooperation and are currently reviewing the launch of a joint bank after five meetings held on this issue so far," Venezuelan Planning and Development Minister Haiman El Troudi told Mehr News in Isfahan on the sidelines of a meeting of the OPEC Fund for International Development.

[ Anti-globalist nations helping each other out. ]

http://www.presstv.com/detail.aspx?id=60483&sectionid=3510213