Iran and Tajikistan have agreed to include local currencies in bilateral trade as the two countries seek to reduce the role�of the US dollar in their growing economic and energy ties.
Tajikistan�s Minister of Energy and Water Resources Daler Juma said on Tuesday that his country and Iran will start to use national and regional currencies to settle trade payments.
�Trade between the two countries will be settled in recognized currencies as well as in the official currencies of the two countries,� said Juma during a visit to Iran.
The minister made the announcement at the end of a 15th�round of Iranian-Tajikistani intergovernmental economic commission in Tehran.
Local media reports said Iran and Tajikistan had reached new agreements during the meeting to boost their economic and energy ties.
Iran�s Energy Minister Ali Akbar Mehrabian said Iranian energy and construction companies will increase their contribution to the Rogun megaproject, the world�s tallest dam which includes a giant hydropower plant.
Mehrabian said Iran and Tajikistan had also reached some good agreements to boost their trade of food, medicine and petroleum products.