The members have the reduction and dependence on the dollar on their agenda

According to Iran Economist, in line with the establishment of banking economic relations between the Islamic Republic of Iran and Asian countries, the 51st annual international meeting of the Asian Settlement Union with the presence of the presidents of the member central banks and also with the presence of the first vice president and the head of the central bank in the place This bank was started.

At the beginning of this meeting, the periodic chairmanship of the meeting was transferred from Jamil Ahmad, the head of the Central Bank of Pakistan, to Muhammad Reza Farzin, the head of the Central Bank.

On the sidelines of this meeting, Mohsen Karimi, International Vice President of the Central Bank, said: Currently, nine countries are members of the Asian Bank Settlement Union, and two other countries have applied for membership, and their requests will be reviewed at this meeting.

The International Vice President of the Central Bank said: This union is trying to reduce the dependence of its members on the dollar and euro currencies, and to conduct business transactions with the currencies accepted by the members of this union.

According to Karimi, the increase in banking connections between the members of this Asian exchange union will reduce dependence on the dollar and make sanctions ineffective.

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