Monetary Confab With Russia
Economy, Business And Markets

Monetary Confab With Russia

Iran and Russia plan to hold a monetary-banking conference in Tehran. The event will be jointly organized by Iran-Russia Chamber of Commerce and the Chamber of Commerce and Industry of the Russian Federation.
In a meeting with Russian officials, Vice-Chairman of Iran-Russia Chamber Ghadir Ghiafe stated that problems such as currency transfer have undermined trade relations between the two neighbor countries, IRNA reported.
The conference to be held in Tehran is aimed at discussing obstacles to credit lines between the two countries. Other issues such as visa, logistics, and storage of commodities will also be discussed, Ghiafe said.
The officials further urged both sides to hold trade exhibitions and dispatch business delegations to boost bilateral trade.
The Joint Iran-Russia Chamber of Commerce is due to dispatch six trade delegations to Russia by the end of 2015, according to the report.
Earlier this year in April, Russian energy minister had stressed that cooperation with Iran needs to be expanded and bilateral trade must increase to $10 billion from $1.05 billion last year. Agriculture and food products accounted for most of the trade.   

Short URL : http://goo.gl/IGCr6p

You can also read ...

iPhone 8 Arrives in Tehran
Apple’s new handsets iPhone 8 and 8 Plus arrived in Tehran on...
 President Hassan Rouhani (L) meets Russian President Vladimir Putin at 2015 BRICS summit in Russia.
The member states of BRICS, the association of five major...
BPI to Fund French Projects in Iran
Bpifrance, the country’s state investment bank, will finance...
Tomato Exports Earn $35m
Close to 136,500 tons of tomatoes worth more than 1.14...
Montreal Hosts Iran-Canada Business Confab
The first conference between Iranian and Canadian businessmen...
There Is High Cost to a Bad Reputation
Uber CEO Dara Khosrowshahi sent a sobering, self-reflective...
Steel Exporters Welcome Rial Depreciation
It’s a fairly straightforward scenario. Weakening a domestic...
HRC accounted for the lion’s share of finished steel usage in Iran during the five-month period.
Iran’s semi-finished steel exports during the first five...