4th Iran-Europe Banking and Business Forum

Iran, Europe business forum kicks off in Tehran

Xinhua — The fourth Iran-Europe Banking and Business Forum kicked off here on Saturday, official IRNA news agency reported.

Different issues including opening Iranian banks in Europe, fighting money laundering and maintaining international standards are among topics to be discussed during the event, president of Iran’s Monetary and Banking Research Institute Ali Divandarri said in the event.

Divandarri pointed to Europe as Iran’s second trade partner after Asia, expressing hope for the forum to facilitate mutual trade and banking cooperation.

Maintaining international regulations and rules on fighting money laundering is a pre-requisite for resuming ties between Iranian banking network and international systems, he was quoted as saying.

The forum is held twice a year, one hosted by Iran and the other by Germany.