According to Mohsen Karimi, deputy head of Iran's central bank, Iran and Russia have reportedly linked their financial information systems to each other.
This was reported by the RIA Novosti news agency on Monday, citing Iranian media.
The vice governor of Iran's central bank said that the credit institutions of both countries no longer depend on the international financial news network SWIFT for their mutual settlements.
According to Mohsen, it is now possible for commercial banks to broker transactions:
"The exporter can issue an invoice in rials on the Russian side and get money for it from Russian banks in Iran."
In addition, Mohsen reportedly stressed that exporters on both sides would be able to conduct financial transactions in their national currencies. For his part, the previous day, Hossein Ayvazlu, a member of the board of directors of the National Development Fund of Iran, announced that the national investment funds of Russia and Iran plan to form joint investment committees. According to him, the aim is to implement various projects, among others, in the fields of oil, natural gas, petrochemicals and pharmaceuticals.
No comments:
Post a Comment