Iran, Oman Top Bankers Stress Expanding Trade, Monetary Ties


Iran, Oman Top Bankers Stress Expanding Trade, Monetary Ties

TEHRAN (Tasnim) – The governors of the central banks of Iran and the Sultanate of Oman emphasized promoting monetary, banking and trade relations between the two countries.

In a meeting held in Morocco Sunday on the sidelines of the Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG), Governor of the Central Bank of Iran (CBI) Mohammad Reza Farzin and his Omani counterpart Sheikh Tahir bin Salim bin Abdullah Al Amri highlighted the need for Iran’s access to its foreign exchange resources transferred from Iraq to the Sultanate of Oman.

Given the transfer of a part of Iran’s foreign exchange resources from Iraq to Oman and also the previous experience of good cooperation of the Central Bank of Oman in transferring and giving access to the blocked assets, the necessity of accelerating the use of these new foreign exchange resources for the trade objectives and the development of constructive economic cooperation between the two countries were among other main topics discussed by the two top bankers.

The governor of the Central Bank of Oman also said that his country will make its utmost effort regarding the transfer of Iran’s foreign exchange resources in the shortest time possible.

Farzin met and held talks with the CEOs of the International Monetary Fund (IMF) and the World Bank Group (WBG), governors of the central banks of regional countries and BRICS on the sidelines of the Annual Meetings of IMF and WBG to discuss bilateral ties and expanding monetary and banking cooperation.

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