Iran rejects $15bn loan offer by European countries

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Iran rejects $15bn loan offer by European countries

Tehran (Web Desk): Iran has rejected an offer of a fifteen billion US dollars loan by European countries aimed at protecting its economy from sanctions re-imposed by the United States (US), the Radio Pakistan reported.

Iranian State TV quoting President Hassan Rouhani said that despite progress in the negotiations between Iran and the European parties to the nuclear deal, a final agreement has not been reached so far.

He said Tehran will take the step to reduce its commitments to the nuclear deal soon.