Several agreements, worth $35 billion, have been reached between Iran and the big global banks.

Talking to IRNA, the president of the Organization for Investment Economic and Technical Assistance of Iran Mohammad Khazaei said, 'Obtaining the figure that is larger than the country's needs is not out of reach, but it would take time to display tangible results.' 

Touching upon the removal of anti-Iran sanctions, Khazaei said the foreigners are traveling to Iran to examine all aspects of fostering cooperation with Iran and naturally it would take some time to display tangible results. 

'Recently, the Japanese side has agreed to open a 10-billion-dollar credit line in Iran,' he said, reiterating that the Japan International Cooperation Agency (JICA) also has agreed to grant a low interest rate loan worth two billion dollar to the Iranian schemes.'

Khazaei stressed that Iran and South Korea also have reached an eight-billion-dollar agreement recently. 

He also cited the Iran-Norway credit line as another achievement of post-sanction era. 

Khazaei added the initial documents of the mutual credit lines have been inked and the amount of loans with their interest rate, breathing term of loans, bank agents and the projects would be announced later.