The monetary-banking understandings of Iran and Russia will be implemented soon

According to Fars news agency and quoted from the Central Bank’s public relations, Ali Salehabadi, the head of the Central Bank, explaining the results of his trip to Russia, said: “During this trip, we had very good and valuable discussions with the high and economic officials of Russia, and according to the emphasis of the heads of the The presidents of the two countries decided to develop stable economic relations between Iran and Russia in the fields of finance and banking to create the necessary grounds for the stable development of relations.

He stated that the political will of the two countries is on the development of economic interactions, and continued: Fortunately, there is considerable interest from both the Islamic Republic of Iran and Russia to develop relations, so good negotiations were held in this regard. And I hope that these negotiations will lay the groundwork for the sustainable development of relations between the two countries in the future.

He added: “In the near future, we will implement the understandings made during this trip, and the results will be seen by businessmen, traders and economic activists of the two countries.”

The Governor of the Central Bank continued: Of course, the use of non-dollar and euro currencies and other issues that businessmen and economic activists can use from new platforms are among the things that are being followed up, and hopefully we should see the results in practice.

Salehabadi also said about the use of native messengers instead of SWIFT: Iran currently uses native interbank messaging systems to replace SWIFT, and Russia also has its own native and financial messengers, which can be the basis for banking cooperation between the two countries.

Stating that the creation of financial bases is considered one of the most important axes of economic development, he added: This trip was able to create very good grounds for the relations between businessmen and businessmen of the two countries.

The end of the message/T 21