Business And Markets
0

Talks Held to Link Iran to Russia Payment Network

Talks Held to Link Iran to Russia Payment Network
Talks Held to Link Iran to Russia Payment Network

The central banks of Iran and Russia are in talks for connecting the Iranian financial system to Russia’s Mir payment network, a deputy minister of economy said in Tehran. 
"[If and when] an agreement is reached, the Russian payment network would be used for making financial transactions between the two sides in the first phase, even though the Russian network is already used in some countries," Qorban Eskandari was quoted as saying by ILNA. 
Eskandari said the Iranian financial system now has the infrastructure needed for joining the Mir system.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com