Iran and Russia propose the replacement of the ruble and rial
Iran and Russia propose the replacement of the ruble and rial
GMT 2:42 2015 Monday May 4 GMT
Tehran: Iran and Russia proposed coin Russian ruble replaced rial Iranian instead of the US dollar in commercial transactions between the two countries, and stressed the Undersecretary of the Ministry of Industry and Trade Iranian Mojtaba Khosrotaj, that Iran and Russia are considering the imposition of preferential tariff to raise the trade exchange between the two levels. According to the IRNA, Khosrotaj explained at a meeting of Iranian Russian Chamber of Commerce, on Monday, that the center of the special economic measures banking arrangements for the assessment of trade exchange between the two countries adopted Bammelty ruble and rial, explaining that there are negotiations between the Central Bank of Iran and his Russian counterpart in this regard, but that the subject Aloutnettin use of two currencies instead of the dollar is still not final. Khosrotaj confirmed that the two sides are willing to impose preferential tariff terms of trade, however, that the Russian party believes the need for new negotiations with respect to the tariff system, is scheduled to go head business development organization to Moscow to head a high-level in the next month to discuss the matter.
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