As the banks that will finance these loans are going to be part of an HSBC syndication, they will have to choose whether losing doing business with the US is worth it. None of these loans go to infrastructure. They go to feed the Ayatollahs' military program.
in reference to:
in reference to:
""The one-billion-euro Chinese funding is materialising," Hossein Mohammad Pourzarandi said, adding that the loan would be used for several construction projects, including road networks, undertaken by the municipality"
- France24 - China offers billion-euro loan for Iran projects (view on Google Sidewiki)
