Governor of the CBI heads to Russia
Governor of the CBI heads to Russia
Governor of the Central Bank of Iran (CBI) Mohammadreza Farzin left Tehran for Yekaterinburg, Russia, to meet with the Governor of the Central Bank of Russia and continue negotiations to advance monetary and banking cooperation between Iran and Russia, as well as to consult on the continuation of cooperation between the two countries in the BRICS group.

Governor of the CBI heads to Russia

TEHRAN (Iran News)  Within the framework of strengthening economic diplomacy, Mohammad Reza Farzin – Governor of the Central Bank of Iran – due to the official invitation of Elvira Nabiullina, Governor of the Central Bank of Russia, has left Tehran for Yekaterinburg. He is holding negotiations to advance the monetary agreement between Iran and Russia, as well as to strengthen and develop economic, monetary and banking relations with the BRICS group members.

During the Iranian President’s recent visit to Moscow, Farzin said: The monetary agreement between Iran and Russia has been implemented, and the currencies of the two countries have become the basis for settlement based on the agreed rate of the commercial foreign exchange market.

Another major executive plan of Iran and Russia is the connection of the Mir and Shetab card payment networks, the first phase of which has been launched, and the second and third phases are also on the agenda. “CBI “

The joint action document between the central banks of Iran and Russia has been implemented in three main headings: “The use of national currencies in trade between the two countries”, “The possibility of connecting banking and local messengers of the two countries to SEPAM and SPFS”, and “The possibility of connecting the card payment network of the two countries”.

Yekaterinburg, the capital of the Sverdlovsk region, is known as the industrial center of the Ural Federal District of Russia.

  • source : isna