Iran, Russia mull facilitation of ruble - rial exchange

News code : ۲۶۹۱۶۲

ILNA: Iran and Russia discussed facilitation of ruble - rial exchange as a means to boost bilateral trade in 201

In a meeting between Russian Deputy Foreign Minister Igor Morgulov and Iranian Ambassador to Russia Mehdi Sanaei, the two sides announced facilitating ruble - rial exchange and opening a joint account for boosting the trade in ۲۰۱۵.

The two countries will sign a visa issuance facilitation agreement, a joint investment agreement, and an insurance cooperation agreement in the next year.

Head of Iran World Trade Center Mohammad Reza Sabzalipour told Trend on December ۱ that Tehran should take the opportunity to boost bilateral trade with Moscow in the short term.

Iran can benefit from the western sanctions imposed on Russia, he added.

" Moscow has voluntarily banned importing certain items from the western countries, " he said, adding that the country needs to find new providers.

Asadollah Asgaroladi, head of the Iran - Russia Joint Chamber of Commerce, said September ۳۰ that Russia and Iran plan to replace the US dollar with their national currencies for the settlement of bilateral trade transactions.

Comments