Iran’s Leaders Are Bolstered by Billions in Loans From the East
- Japan, South Korea, China have agreed credit terms for Tehran
- U.S. president may exit 2015 nuclear deal in coming weeks
Trump Keeps Allies in the Dark About Iran Decision
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As Donald Trump escalates his offensive against Iran, its leaders are being bolstered by billions of dollars flowing from the east.
It was the turn of the Chinese last week, as a group of Iranian banks secured $10 billion in loans from Citic Group, and Iran signed preliminary agreements worth about $15 billion with China Development Bank. That followed a $10 billion credit accord with Japan last year, and Iran has also signed a $9.6 billion deal with the Export-Import Bank of Korea.