The governor of the Central Bank of Iran (CBI) has said that Iran has made preparations for setting up a joint bank with Russia to streamline mutual trade based on the two countries national currencies.
Valiollah Seif made the remark in a meeting with a Russian delegation in Tehran and added that Iran is ready to do its transactions with Moscow ...
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Tehran approves Iranian-Russian bank proposal
The bank will initially focus on investment in bilateral trade and other joint economic projects.
Zarif stresses UN role in diplomatic settlement of Yemen crisis
Iranian Foreign Minister Mohammad-Javad Zarif here on Wednesday ...
Iran and Russia on Thursday agreed to establish a joint bank in a bid which is meant to facilitate financial transactions between the two countries.
The agreement was announced by the Central Bank of Iran (CBI) which said it was reached during a meeting between the visiting Russian Energy Minister Alexander Novak and CBI chief Vaiollah Seif.
The ...
Daily look at Irans late-breaking news and upcoming events:
Economy minister raps continued inhumane sanctions on Iran
Irans economy minister lambasted the continued sanctions imposed on the Iranian nation, but as the same time said the countrys administration has devised its plans for economic development given the existing pressures ...
Iran and Russia plan to establish a joint bank as an effort to multiply bilateral trade and bypass sanctions on the Islamic Republics banking sector.
Head of the Iran-Russia Joint Chamber of Commerce Asadollah Asgaroladi said that Tehran and Moscow are studying the possibilities of opening a new chapter in trade relations that could break the domination ...
TEHRAN (ISNA)- Iran and Russia plan to establish a joint bank in the near future, said Head of Tehran Chamber of Commerce, Industries, Mines and Agriculture Yahya Al-Eshaq.
Iranian goods can find a place in Russian market due to the West's embargo against the country, he told ISNA, adding Russians have presented a list of their required goods to Iranians....