IFP Exclusive

Iran security chief: Intl. efforts to sideline dollar gaining momentum

Iran’s security chief praises growing economic cooperation with Russia in the face of Western sanctions, saying international efforts to diminish the role of the US dollar in financial transactions have gathered pace.

In a meeting with the visiting Russian president’s special envoy, Igor Levitin, Secretary of Iran’s Supreme National Security Council, expressed satisfaction with the improvement of the level and volume of economic cooperation between the two countries.

He emphasized the need for the adoption of short-cut solutions to accelerate the implementation of joint economic projects.

Shamkhani said the finalized initiatives between the two countries related to monetary and banking relations are considered as an effective model for thwarting the illegal Western sanctions.

“The path started to reduce the influence of the dollar in regional and international economic exchanges, which many countries are joining, will reduce the dominance of the West over the world economy to the minimum possible level,” he said.

For his part, the Russian official stressed the need to implement joint plans and projects as soon as possible, especially in the field of transit, saying Moscow stands ready to invest in various economic sectors in Iran, including steel, oil and petrochemicals.

Besides the significant steps taken toward the promotion of bilateral economic cooperation, proper grounds have been provided for concluding a multilateral economic agreement and attracting the participation of other countries in the region in profitable economic projects, he added.

IFP Editorial Staff

The IFP Editorial Staff is composed of dozens of skilled journalists, news-writers, and analysts whose works are edited and published by experienced editors specialized in Iran News. The editor of each IFP Service is responsible for the report published by the Iran Front Page (IFP) news website, and can be contacted through the ways mentioned in the "IFP Editorial Staff" section.

Recent Posts

Syria’s new rulers name HTS figures as foreign, defence ministers

Syria’s new rulers have appointed foreign and defense ministers, the official news agency SANA has…

7 minutes ago

Qatar’s embassy in Syria reopened after 13 years

Qatar has officially reopened its embassy in the Syrian capital Damascus after nearly 13 years.

11 minutes ago

Two Iranians arrested abroad for alleged involvement in equipping drones used against US forces

Iranian nationals Mohammad Abedini and Mehdi Mohammad Sadeghi have been arrested in Milan and Massachusetts…

15 hours ago

7 soldiers killed in road crash in Iran’s Lorestan province

A tragic bus accident occurred on Saturday in Lorestan province, western Iran, killing seven soldiers…

15 hours ago

Azerbaijan president thanks Iran for support of Baku’s membership in D-8 group

Azerbaijani President Ilham Aliyev has expressed gratitude to Iranian President Massoud Pezeshkian in a letter,…

15 hours ago

Over 12,000 civilians killed in Ukraine during Russia’s full-scale war: UN

More than 12,300 civilian deaths have been recorded in Ukraine since Russia launched its full-scale…

16 hours ago