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Iran central bank chief heads to Beijing

During their stay in the Chinese capital, Seif and his accompanying delegation are expected to sign agreements and memorandum of understandings with Chinese banking officials, including a ten-billion-dollar agreement to finance construction and manufacturing projects in Iran.

A memorandum of understanding, worth 15 billion euros, is also expected to be signed between representatives of the Iranian banks and China's Development Bank.

The two sides will try as well to solve banking problems faced by Iranian companies working in china.

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