Tehran, Zagreb to Ease Banking Ties

Croatian Minister of Economy Martina Dalic called for closer cooperation to facilitate banking ties with Iran, describing them as critical to the expansion of bilateral trade.
"Banking and financial problems pose a major barrier to the promotion of economic relations and we should figure out a solution quickly," Dalic told the Central Bank of Iran's Governor Valiollah Seif in a meeting in Tehran on Sunday, CBI's website reported.
"As the Croatian firms are beginning to enter transactions with Iranians, the path for the two sides' banking relations needs to be smoothed … This is contingent on mutual resolve and support."
Seif welcomed the Croatian deputy premier's call for stronger banking engagement, saying this could include cultivating relations between the two central banks, setting up correspondent relations between the major banks of Iran and Croatia, as well as the opening of an office in Iran to represent Croatian banks.