Russian and Iranian exporters are able to handle transactions in national currencies after the two countries integrated their financial message transfer systems, allowing banks to make direct payments without using the SWIFT payment system, Deputy Head of Iranian Central Bank Mohsen Karimi said.
Russian and Iranian national wealth funds are planning to establish joint investment committees for realization of different oil, gas, petrochemical, pharmaceutical, high-tech and other projects, the Iranian National Development Fund’s Deputy Director of Foreign Investment, Hossein Eivazloo, has said.