Wednesday, October 5, 2022

CBI governor: Iran’s trade partners return in post-sanctions era

Governor of Central Bank Valiollah Seif underlined that Iran's trade partners have returned to business with Tehran in the post-sanctions era.

‘The upgrade of Iran’s status at an international level resulted in cooperation with the foreign trade partners in the post-sanctions era,’ Seif said in a Thursday meeting with US Secretary of Treasury Jack Lew in Washington.

‘Our goal is making full use of the huge trade, investment and financial capacities of Iran in its $1.4 trillion,’ he added.

Seif reiterated that the Central Bank of Iran has had considerable progress in restoration of stability to macro economy, improvement of budget management and strengthening the banking system and it has also been successful in improving the infrastructural reforms to increase job opportunities and reducing reliance of the country’s economy on oil.

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