He said two Indian refineries beginnings received the green light to prepare to pay 1.4 billion dollars to Iran of entitlements OPP. and wills. This is one of the first indicators of the contribution of the nuclear agreement reached last month in helping Tehran to unfreeze assets and owed abroad. The agreement was reached between Iran's historic nuclear and six major world powers on 14 July and may start lifting sanctions on Iran later this year if United Nations inspectors confirmed Tehran's commitment to implementing the terms of the agreement. Two sources said a request not to disclose their names because of the sensitivity of the subject that Rajiv maharishi Secretary, Ministry of finance requested the refineries prepare to pay two instalments, each of them $ 700 million to Iran from Tehran to total receivables Indian refineries against imports of Iranian oil. Iran strongly need for funds and investments to revitalize its economy shattered by decades of sanctions.
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