Saturday, October 11, 2014

Iran and Russia have decided to establish a joint bank to finance projects – BFM.Ru

Iran and Russia have decided to establish a joint bank to finance projects – BFM.Ru

According to Tehran, the sanctions against Russia became a new impetus to the development of relations between the two countries

Iran and Russia to establish joint bank intended to finance trade and economic projects between the two countries . Such data are TASS. Read also: Rouhani: Iran is not ready to replace Russia as a gas supplier

«In connection that Russian banks are afraid to work with Iran because of the sanctions imposed by the West, we want to establish a joint Russian-Iranian Bank with the support of our central banks and the private sector. He was able to produce a mutual exchange of currencies of our states, and thus get rid of international payments of dollars, euros and pounds, “- said Asadolla Asgaroladi, head of the joint Iranian-Russian Chamber of Commerce.

He pointed out the unfairness of the sanctions that were imposed against Iran the United States and Western Europe. In addition, Asgaroladi noted that due to the anti-Russian economic sanctions will be an additional incentive for the development of financial relations between the Russian Federation and his country. Meanwhile unfair restrictive measures against Russia named China.

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