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The latest news and views about Iran’s banking relations with other countries

Iran to Keep Doing Business with World despite US Sanctions

Iran voiced defiance against returning US sanctions with the country’s top banker saying that all necessary arrangements to continue trade with partners had already been made.

Iran-EU Payment Channel to Be Set Up Soon: Chief Banker

Governor of Central Bank of Iran (CBI) Abdolnaser Hemmati says Iran and Europe will set up the special payment channel aimed at bypassing the US sanctions in the near future.

France Looking for Mechanism to Facilitate Banking Ties with Iran

French lawmakers say Paris is seriously looking for ways to establish closer banking ties with Iran, helping the country reap the benefits of the Iran nuclear deal.

CFT Bill Ratified by Parliament Thanks to Larijani’s Prudence: Reformist

An Iranian reformist figure has recounted how Parliament Speaker Ali Larijani’s prudence rendered ineffective the scenarios orchestrated by radicals to prevent the ratification of the bill on Iran’s accession to the Combating the Financing of Terrorism (CFT) convention.

Iran Wins another Legal Battle against US

An Italian appeal court has rejected a lawsuit by the US that called for the seizure of $5 billion worth of Iranian assets in Italy, in a second win for Tehran in its legal battle against the US this month.

Europe’s Banking Mechanism to Help Expand Iran Foreign Trade: UK

The British ambassador to Iran says the special mechanism the EU is working to create to facilitate trade with Iran can also be used by other countries, protecting Iran from efforts by the US to hamper its Asia and Europe trade.

Iran, Russia to Ditch US Dollar in Bilateral Trade

Governor of the Central Bank of Iran Abdolnasser Hemmati says Tehran and Moscow are seeking to carry out transactions using their national currencies, gradually ditching dollar and other currencies in their trade relations.

Turkey Calls for Establishment of Joint Bank with Iran

A Turkish business official says Iran and Turkey could move to create a joint bank to facilitate economic cooperation, saying it would help the two countries achieve a $30 billion target for bilateral trade.

Forex Offices Allowed to Import Foreign Currencies to Iran

The governor of Iran’s Central Bank Abdolnasser Hemmati says the foreign exchange offices are now allowed to import foreign currency notes to the country.

Tehran, Moscow, Ankara Agree to Ditch US Dollar in Trade

Governor of the Central Bank of Iran (CBI) says important agreements have been reached with Russia and Turkey on oil sales and ditching the US dollar in bilateral trade.

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