Iran and Russia are working on the creation of a system of interbank payments, which will become an analogue of SWIFT. This was stated by the Russian media by the deputy head of the Iran of Iran on Economic Diplomacy Mehdi Safari.
“now we have practically reached a very good agreement on the basis of which we could perform foreign exchange operations between the two countries,” said the diplomat. Both countries have proposed their options, work continues.
Details of the voiced proposals and the terms of implementation of the project were not disclosed.