The European payment channel president Per Fischer has talked about what could be done with the mechanism’s framework to speed up trade with Iran in the face of US sanctions.
The firm was registered in the Iranian capital last Monday on 22 April. 3 banks an a mobile payment infrastructure company are its main stakeholders.
Sending skilled Iranian workers abroad is a government initiative aimed at cutting down the number of unemployed youth as well as meeting the high demand for skilled workers in countries such as Germany or Japan.
The Iranian capital mayor has held talks with Baghdad officials in a bid to open door for his municipality to enter in construction of a metro in the Iraqi city as well as renovate its urban architecture and help manage residuals.
The two countries see a rise in their banking relations after the Swiss humanitarian trade channel becomes finally functional to allow the trade of non-sanctioned humanitarian goods.
The payment mechanism is supposed to work like the European instrument, that although hasn’t been officially launched yet, is set to help Iran benefit from the dividends of the nuclear deal.
Iranian and Bulgarian chambers of commerce signed the memorandum in a bid to open the grounds for the creation of a an economic committee that facilitates private sector trade between the two countries.
A host of high-ranking Iranian and Azerbaijani officials opened Iran Trade Center, devised to boost commercial ties between the two countries, in the capital city of Baku.
The 32nd book fair held at the Iranian capital is offering thousands of books about China and its culture in a bid to revive the old Silk Road through cultural exchanges.
A number of Pakistani businesses who are engaged in exporting to Iran have called on Islamabad to open a payment channel with Tehran through a Pakistan-based Chinese bank.