Lankapage Logo CP 18 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Iran's 14.4 million euro blocked assets in Sri Lanka released
Mon, Sep 11, 2017, 08:54 pm SL Time, ColomboPage News Desk, Sri Lanka.

Sept 11, Colombo: Iran today announced that its euro 14.4 million worth foreign exchange assets in Sri Lanka have been released after the Joint Comprehensive Plan of Action (JCPOA) agreement.

Head of the Financial Security and International Investment Department of Iran Export Development Bank (IEDB) Kamran Rezvani said that after the JCPOA, 22.3 million euro worth Iranian foreign exchange assets in Sri Lanka and Cuba were released.

Rezvani said the preliminaries for payment of the resources were made following frequent visits in the post-JCPOA era. IRNA reported.

He said that on the first leg, eight million euros out of the blocked assets were released in Cuba and 14.4 million euros more have been freed in Sri Lanka.

He added that had the resources not been released, the damage should have been paid out of the resources of the Export Guarantee Fund and it would have definitely negatively affected the capability of the bank to pay damage.

 

ColomboPage - Recent 10 Stories ::
Fundamental Rights petition of former transport minister Kumara Welgama postponed for 15th Oct
-- [7 hours ago]
National Economic Council focuses on introducing a new policy on fertilizer subsidy
-- [9 hours ago]
Diyathalawa bus explosion: Police record statements from 13 people
Sri Lanka Navy senior officer ordered to appear before CID in case of 11 missing youth
Sri Lankan High commissioner to UK has not resigned - Foreign Ministry
US Pacific Partnership mission to return to Sri Lanka for a second time
Sri Lanka shows only slight improvement in reducing corruption in 2017
Sri Lanka December 2017 trade deficit surpasses US$ 1 billion mark despite double-digit growth in exports
Technical Group meeting of the G-24 countries in Colombo on February 27
Japanese company awarded contract to construct 3rd phase of Sri Lanka's Central Expressway

Copyright © 2000, 2016 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.