TEHRAN – Iran’s Minister of Economic Affairs and Finance Ehsan Khandouzi has met with President of the Islamic Development Bank (IsDB) Muhammad Sulaiman Al Jasser in Morocco to discuss the latest status of joint projects with Iran.
The meeting was a continuation of the intensive talks of the past two years between Iran and the Islamic Development Bank aimed at promoting the joint programs of the two parties.
During the meeting, the latest situation of the projects being implemented by the IsDB in Iran was discussed.
The IsDB president thanked and appreciated the initiatives taken by Iran’s Ministry of Economic Affairs and Finance in the past two years to solve the outstanding debts of Iran from previous years.
Al Jasser stated that in the current circumstances, despite the remaining issues related to sanctions, the conditions of cooperation between the two parties have changed significantly given the serious change in the Iranian government’s approach to strengthening its relationship with the bank as one of its most important shareholders.
He expressed hope that with the continuation of this trend, the remaining issues between the two parties will also be resolved.
In this meeting, Iran’s plan for cooperation in new fields of health, technology, and science and implementation of projects was explained to the president and officials of the Islamic Development Bank, which was welcomed by the bank president.
Iran has paid more than €250 million of its previous debts to the IsDB.
Saudi Arabia, Libya and Iran are three major shareholders of the Islamic Development Bank. The bank is affiliated with the Organization of Islamic Cooperation (OIC).