Removal of the dollar from Iran-Syria commercial exchanges/ The first Iranian bank starts operating in Syria – rahnam

According to rahnam news agency, Mohammad Reza Farzin, Governor General of the Central Bank, during a short trip to Damascus, in a meeting with Mohammad Hazim, Governor of the Central Bank of Syria, said: “Increasing banking, commercial relations and joint investments is on the serious agenda of Tehran and Damascus.”

Referring to the development of electronic banking and the card network of Iran and the readiness of the Central Bank for joint cooperation in this field with Syria, the Governor General of the Central Bank stated: One of the important strategies of Iran in developing commercial cooperation with neighboring countries is replacing national currencies in monetary relations and increasing the volume of exchanges. It is commercial and economic.

The Governor General of the Central Bank, in a meeting with the Governor of the Central Bank of Syria, emphasized the necessity of developing monetary and banking cooperation between Iran and Syria in accordance with the increase of trade-economic relations and exchanges and solving the issues related to the banking transactions of the merchants of the two countries in the short term and said: “Soon, the first Iranian bank starts its work in Syria.

According to this report, Mohammad Hazim, the head of the Central Bank of Syria, also emphasized the increase of Damascus-Tehran trade relations and exchanges in this meeting and said: removing the dollar from economic-commercial exchanges and using national currencies in the context of monetary and banking cooperation between Syria and Iran. It will definitely change the trade balance of the two countries for the benefit of the national economy and people.

Referring to Iran’s progress in the field of electronic banking, the head of the Central Bank of Syria called for the formation of a joint working group between the two countries in order to increase technological cooperation in the field of communication and banking cooperation.

* Emphasizing the replacement of national currencies in commercial and economic exchanges between Iran and Syria

According to rahnam, the Governor General of the Central Bank of our country also announced in the meeting with the Syrian Prime Minister in Damascus about the development of monetary and banking relations between Iran and Syria and the removal of the dollar from the economic and commercial exchanges of the two countries in the near future.

Farzin, the Governor General of the Central Bank, addressed the Syrian Prime Minister Hossein Arnous and said: Tehran is ready to improve the banking and monetary relations with Syria based on the agreements of the presidents of the two countries, and the establishment of an Iranian bank in Syria, which will soon be realized, lays the groundwork. The growth of relations and commercial cooperation between the two countries will be.

Referring to the various fields of monetary and banking cooperation between Iran and Syria, he emphasized the readiness of our country to implement agreements in this field and to replace national currencies in the commercial and economic exchanges of the two countries.

According to this report, the Prime Minister of Syria, Hossein Arnous, expressed hope for the bright future of economic relations between Syria and Iran and emphasized: holding technical-economic meetings between experts and officials of the two countries promises to increase comprehensive cooperation between Syria and Iran.

Referring to the establishment of the fields of banking and monetary cooperation between Syria and Iran in order to increase the economic relations between the two countries, he stated in the specialized meeting of the governors of the Central Bank of Syria and Iran: the step of setting up an Iranian bank in Syria in the near future is definitely a strong foundation for the next steps in It is the field of development of economic cooperation between the two countries.

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