Neutralizing the foundations of sanctions against Iran and Russia with a bilateral monetary agreement

According to the economic correspondent of Fars news agency, Hojjat al-Islam Raisi left for Russia at the end of January of last year, a trip whose most important result was a lot in the economic field.

After this event and the sending of expert teams, finally 10 days ago, Ali Saleh Abadi became the head of the Central Bank at the head of a specialized delegation to Moscow.

The outcome of his important meetings with the two Deputy Prime Ministers, the Minister of Economic Development and the Governor of the Central Bank of Russia, an agreement to develop financial and banking cooperation between the two countries and the use of national currencies for exchanges, the definition of a local banking messenger system between the two countries in order to facilitate relations It was economic to define and organize bilateral trade exchanges in this way and increase the ceiling of trade exchanges up to 40 billion dollars per year.

In this way, a new chapter of economic cooperation between Tehran and Moscow was opened, and one of the most important foundations of this constructive interaction in the economic relations between Iran and Russia is the use of the capacities ofalternative Two neighbors and the expansion of economic interactions, facilitating the banking relations between the two countries was the mission that the central bank undertook.

After his trip to Moscow, Saleh Abadi explained the results of this trip and said: Following the visit of the president to Russia in January of last year, the expert delegations of the two countries held continuous and intensive meetings for the implementation of the economic agreements between the presidents of the two countries during the last three months. They started the negotiations that took place during my recent trip to Enter Moscow The steps were operational.

In his recent trip to Russia, the Governor General of the Central Bank met with the two Deputy Prime Ministers, the Minister of Economic Development, the Governor General of the Central Bank of Russia and the Chairman of the Joint Commission of the two countries. the final He finalized the agreements for the implementation of the agreements made during the President’s visit to Russia last year.

During this trip and the meetings of the Governor General of the Central Bank with the Russian authorities, good agreements were made to expand the banking and monetary cooperation between the two countries, during which the solutions to remove obstacles and increase joint investments between Moscow and Tehran were discussed. Creating financial bases for economic development and transferring the experiences of two countries in the field of messenger replacement swiftwith native interbank messaging systems was one of the other axes of Saleh Abadi’s negotiations in Moscow.

In line with this and the first stage of implementation of the package of banking measures between the two countries, the trading symbol for Rial-Ruble currency was opened in the integrated Iranian foreign exchange market yesterday.

With the launch of the trading symbol of the Russian ruble, Iranian exporters can offer the ruble at an agreed rate in this market, just like dollar and euro bills, through banks and broker exchanges. Based on this, ruble applicants can register their application in one of the foreign currency service (non-commercial) headings determined by the Central Bank of Iran within the framework of the foreign exchange regulations of the Central Bank of Iran.

In the unveiling ceremony of this trading symbol, the Governor of the Central Bank emphasized: From now on, we will definitely see an increase in the supply and depth of the currency exchange market. two countries To meet the service needs of foreign exchange exporters and importers two countries We will be potential suppliers along with the market maker in this marketcreation They will have more.

According to Fars report, using the currency of the two countries in bilateral interactions and laying the groundwork for removing the dollar from Tehran-Moscow economic relations is an approach that Iran and Russia, as the two countries targeted by the Western sanctions, have adopted to counter these sanctions. which neutralizes the foundations of ineffective Western sanctions against other countries; A point that the Supreme Leader of the Revolution mentioned in his meeting with the President of Russia last night.

The Supreme Leader of the Revolution emphasized in the meeting with the President of Russia: The dollar should be gradually removed from the path of global transactions and the policy of replacing national currencies in the relations between Iran and Russia and using other currencies instead of the dollar is a policy approved by us.

The supreme leader of the revolution addressed the presidents in this meeting two countries They emphasized: You, Mr. Putin, and our president are both action-oriented and follow-up, so the cooperation between the two countries should reach its peak in this period.

Yesterday, at the same time as the central bank, in the unveiling of the symbol of the ruble-rial currency pair; According to the CEO of the National Oil Company, the oil memorandum between Iran and Russia is the largest investment in the history of the oil industry between Iran Oil Company and Russia’s Gazprom worth 40 billion dollars.

This introduction is the way that the two countries have designed to expand economic interactions. Iran’s export volume to Russia reached 4 billion dollars with a 100% growth last year. Is supposed In a The short-term period of two years to 8 billion dollars and in the medium-term perspective to 15 billion The dollar will arrive which is the main prerequisite for the realization of this goal is to facilitate banking and financial affairs.

The Governor General of the Central Bank says: Design instrument and Business activities between Tehran and Moscow based on national currency two countries It is an important step in realizing the anticipated goals for the development of economic relations between Iran and Russia, and it will definitely lead to the strengthening of the export and import process between the two countries.

A look at the approach to the development of economic relations between Iran and Russia and its role creation Moscow’s importance in valid international agreements such as Shanghai, brix and Eurasia, along with the influence of this country in Central Asian countries; The proximity of two neighboring countries, Iran and Russia the beginning A serious chapter of bilateral and multilateral cooperation between the Islamic Republic of Iran and Russia in a spectrum be widespread at the regional and international level, an approach in which the dollar will play a minor role.

end of Message/