Iran’s central governor: We understand the problems of the world’s banks in dealing with us because of the US embargo
The head of the Central Bank of Iran Abdul Nasser Hamati said that his country understands the problems and conditions of the banks of countries in the world because of the US embargo, adding that his country is making its jihad so that it can continue its economic and banking activities without harming the other party.
Iranian media quoted Hamati as saying that “obstacles will be removed from the way to pay Iraq’s debts to Iran related to gas and electricity exports, based on the agreement signed between the two countries recently.”
Hamati said that during the visit, he said, “During this visit, as well as the establishment of a mechanism for financial payment between the two countries, the agreement to remove the problems related to the transfer and return of returns of Iranian exporters to Iraq from hard currency,” adding that ” I am confident that these mechanisms will gradually become more fluid and overcome problems. ”
“With regard to Iraq’s debts to Iran’s gas and electricity exports to Iran, we signed after 4 hours of talks an important agreement with the Central Bank of Iraq to address the obstacles of money transfer and debt repayment.”
He pointed out that “based on the consensus, the monetary and banking relations between us and Iraq will be within the framework of the euro and dinar, where the Central Bank of Iran will calculate in Iraq on the basis of the dinar and the euro will be completed banking transactions through Iraqi banks.”