Tehran, Moscow to Minimize West Dominance by Ditching Dollar in Trade
Tehran, Moscow to Minimize West Dominance by Ditching Dollar in Trade
Reducing the influence of the dollar in regional and international economic exchanges will minimize the dominance of the West over the world economy, the secretary of Iran’s Supreme National Security Council said.

TEHRAN (Iran News) –Reducing the influence of the dollar in regional and international economic exchanges will minimize the dominance of the West over the world economy, the secretary of Iran’s Supreme National Security Council said.

Russian President’s Special Aide Igor Levitin, who is on a two-day visit to Tehran, met with the secretary of Iran’s Supreme National Security Council (SNSC), Ali Shamkhani on Sunday.

During the meeting, the two sides discussed implementing agreements between the two countries in various economic and banking fields, especially speeding up the start of the implementation of the North-South Corridor.

Shamkhani expressed his satisfaction with the volume of economic cooperation between Russia and Iran.

The path that started to reduce the influence of the dollar in regional and international economic exchanges will limit the dominance of the West over the world economy to the minimum, he said.

He also described the finalized initiatives in the field of monetary and banking transactions as an effective model in the field of thwarting the West’s illegal sanctions.

Referring to the joint efforts of Iran and Russia in the implementation of the project of the North-South corridor, he said that the corridor has a decisive role in changing the geometry of goods transit in the region.

Levitin, for his part, expressed Moscow’s readiness to invest in different economic sectors of Iran,including steel, oil, and petrochemicals.

Meanwhile on Saturday evening, Iran’s first vice president said that Iran and Russia can become the export center of some food items in the region with joint production and investment.

Mohammad Mokhbar made the remarks during a meeting with Levitin who was on a two-day visit to the Iranian capital of Tehran.

The two sides reviewed the latest state of joint projects and cooperation between the two countries in the framework of the North-South corridor, cooperation in the field of energy, transportation and expansion of bilateral trade relations.

 

Referring to the increase in the exchanges of political and economic delegations between Tehran and Moscow, the Iranian vice president said, “Fortunately, the implementation of the joint plans and projects between the two countries is in good progress and the serious and continuous follow-up of the presidents of the two countries has also laid the necessary ground for removing barriers to and speeding up the process of implementing agreements.”

“Iran and Russia can become the export center of some food items in the region with joint production and investment and meet some of the needs of the countries in the region”, Mokhber added.

Levitin, for his part, announced Moscow’s readiness to invest in the transit sector and to accelerate the implementation of joint plans and projects in the field of transportation.

“Russia is ready to conclude bilateral and multilateral cooperation agreements with Iran to construct these projects”, Levitin pointed out.

Back in January, Levitin paid a visit to Tehran and the most important achievement of that trip was reaching an agreement between Iran and Russia for the construction of the Rasht-Astara railway mega project.