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Iran eyes new money transfer methods in trade with Russia

Business 17 January 2022 10:45 (UTC +04:00)
Iran eyes new money transfer methods in trade with Russia

TEHRAN, Iran, Jan.17

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Iran is seeking to use new methods for money transfer in trade with Russia, said the vice president of Iran Chamber of Commerce, Trend reports citing Fars News Agency.

The Iranian President Ebrahim Raisi is expecting to reach an agreement about money transactions with Russia during his visit to Moscow which could increase Iran's non-oil export to Russia, Hossein Salahvarzi noted.

"The possible agreement with Russia during the president's visit would lead to commercial ties and opportunities for Iran's export of agricultural products, food items, and minerals. The customs and tariff regulations will also be discussed in the upcoming trip leading to the possible bilateral agreement between Iran and Russia that would create transparency for exporters," he indicated.

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