The start of the “MIR” system is waiting for the approval of the central banks of Iran and Russia

According to financial news, “Ali Asghar Shalbafian”, Deputy Minister of Tourism and Cultural Heritage of Iran, told TASS news agency on Friday on the border between Russia and the Islamic world in Ghazan in the Republic of Tatarstan: Iran and Russia have all the necessary bilateral agreements for the mutual use of the Mir banking system. have concluded

He added: All the necessary agreements between the two countries have been made and we are waiting for the final approval of the central banks of the two countries to activate it. The starting day depends on the decision of the central banks of Iran and Russia.

The 14th International Economic Summit “Russia-Islamic World” will be held from May 18 to 20 at the Gazan-Expo International Exhibition Center (IEC). It is expected that more than 7 thousand people from 85 countries of the world will participate in this meeting in 84 regions of Russia.

According to Tass, in total, this forum will hold about 200 events and at least 100 business agreements will be signed.

Following the western economic and trade sanctions against Iran and Russia, two countries have started this system to bypass the sanctions. This Russian payment system is currently available in countries such as Abkhazia, Armenia, Belarus, Vietnam, Kazakhstan, Kyrgyzstan, Tajikistan, Turkey, Uzbekistan, South Korea and South Ossetia.