NDFI is looking to create joint investment funds with Saudi Arabia, Oman, and Russia

Iran’s NDFI is eyeing joint investment funds with Saudi Arabia, Oman, and Russia, news agency Tasnim reports, citing member of the Board of Executive Directors of the National Development Fund of Iran (NDFI) Hossein Eyvazlou. Negotiations have already kicked off with Russia, while talks with Oman and Saudi Arabia are in the works to conclude joint venture investment projects. The NDFI has already inked cooperation agreements with African countries and is looking to explore other international payment methods beyond SWIFT.