The Syrian delegation in Tehran headed by Minister of Economy and Foreign Trade, Samer al-Khaleel, discussed with governor of the Central Bank of Iran (CBI), Mohammad-Reza Farzin, the measures taken recently in the domain of monetary and banking.

The Development of banking cooperation is the base for developing the trade and investment one, as per al-Khaleel who hailed the accelerated and significant steps taken in light of the directives of the Presidents of Syria and Iran, particularly in terms of the establishment of the joint bank and bartering and clearing mechanism.

Al-Khaleel attached great importance to dealing in the national currency in a way contributing to increasing the trade exchange which may be reflected positively on the investment side.

Farzin, in turn, stressed the importance of such cooperation, referring to the advanced place reached by the Iranian electronic banks and card network.

He reiterated that CBI is ready for the bilateral cooperation with Syria in this domain.

Source: Syrian Arab News Agency