403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
Iran, Russia Operationalise Monetary Pact, Link Payment Systems
(MENAFN- Daily News Egypt) Iran and Russia have implemented a monetary agreement and connected their national card payment networks, Shetab and Mir, according to the Tehran Times, a partner of TV BRICS .
Central Bank of Iran Governor Mohammad Reza Farzin, in Moscow accompanying the Iranian president, confirmed the agreement's implementation. Bilateral trade transactions will now be settled using a mutually agreed commercial exchange rate. The agreement aims to strengthen financial cooperation and facilitate trade between the two nations.
The connection of Iran's Shetab and Russia's Mir payment networks marks a significant step in the agreement. Farzin announced the successful launch of the integration's first phase, enabling seamless payment solutions for individuals and businesses in both countries.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research
More Story
Comments
No comment