Iraq News - Local News - Baghdadpost

Deals with Iraq, other neighbors to refresh Iran's exports: Hemmati

Apparently challenging the US, Governor of Iran's Central Bank Abdolnaser Hemmati said that removing the US dollar from Iran's global transactions is a new guideline to the country's trade relations.

Hemmati revealed to agreements with Iraqi officials, saying that considering the current approach in Iran-Iraq economic and trade ties and with other neighbors including Turkey, Azerbaijan and Afghanistan, one can speak of the changes in destination of Iran's exports of goods and services, according to reports citing IRNA.

He claimed that the US sanctions have failed in reality and eventually, it would led to a change in the structure of Iran's trade. "The immediate reaction of related public organizations will hasten the change."

In April last year, Iranian government ordered all state-run organizations and companies to replace US dollar with euro in reporting their financial statements.
Last Modified: Friday، 15 March 2019 09:27 PM