Tehran, Moscow negotiate trade in national currencies
TEHRAN (Basirat) : In a meeting between Iranian Central Bank Governor Abdolnaser Hemmati and his Russian counterpart Elvira Nabiullina in Moscow on Thursday, the two sides stressed the need for the expansion of banking cooperation between Iran and Russia, IRNA reported.
Using national currencies of the two countries in bilateral trade was the main
pivot of the negotiations between the two sides, according to Hemmati who
travelled to Russia on the head of a high-ranking delegation.
Financing the joint development projects was the other issue discussed between
the central bankers.
During the meeting, Nabiullina welcomed all issues mentioned by her Iranian
counterpart and expressed hope that cooperation between the banking systems of
Iran and Russia will be expanded in the near future based on the road map agreed
by the two sides.
Source: TehranTimes