Latest topics
Iran ready to establish joint bank with Iraq to facilitate trade
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Iran ready to establish joint bank with Iraq to facilitate trade
TEHRAN, Oct. 8 (Xinhua) -- Iran's private banks have expressed readiness to establish a joint bank with their Iraqi peers, Eghtesad online news website reported Monday.
"The groundwork for establishing a joint bank is ready. Despite the limitations, establishing such a joint bank is possible," said Yahya Al-e Es'haq, head of Iran-Iraq Chamber of Commerce.
The bank would function under the regulations of central banks of the two countries to facilitate money transfer, Al-e Es'haq noted.
According to the report, Iran-Iraq trade amounted to 4.56 billion U.S. dollars in the first half of the current Iranian fiscal year starting March 21, showing 31 percent of growth in value.
Jaafar al-Rasoul al-Hamdani, head of the Federation of Iraqi Chambers of Commerce, said easing money transfer is one of the most important factors in boosting economic relations.
Iraqi banks are willing to establish joint banks in collaboration with their Iranian peers, he added.
http://www.xinhuanet.com/english/2018-10/08/c_137518647.htm
"The groundwork for establishing a joint bank is ready. Despite the limitations, establishing such a joint bank is possible," said Yahya Al-e Es'haq, head of Iran-Iraq Chamber of Commerce.
The bank would function under the regulations of central banks of the two countries to facilitate money transfer, Al-e Es'haq noted.
According to the report, Iran-Iraq trade amounted to 4.56 billion U.S. dollars in the first half of the current Iranian fiscal year starting March 21, showing 31 percent of growth in value.
Jaafar al-Rasoul al-Hamdani, head of the Federation of Iraqi Chambers of Commerce, said easing money transfer is one of the most important factors in boosting economic relations.
Iraqi banks are willing to establish joint banks in collaboration with their Iranian peers, he added.
http://www.xinhuanet.com/english/2018-10/08/c_137518647.htm
GirlBye- VIP NewsHound
- Posts : 1484
Join date : 2018-07-09
Location : So Cal
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
Sat Apr 13, 2024 11:51 am by Mission1st
» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
Sat Apr 13, 2024 11:45 am by Mission1st
» Russia aren't taking any prisoners
Fri Apr 05, 2024 6:48 pm by kenlej
» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
Wed Mar 27, 2024 6:02 am by Ditartyn
» ZIGPLACE
Wed Mar 20, 2024 6:29 am by Zig
» CBD Vape Cartridges
Thu Mar 07, 2024 2:10 pm by Arendac
» Classic Tony is back
Tue Mar 05, 2024 2:53 pm by Mission1st
» THE MUSINGS OF A MADMAN
Mon Mar 04, 2024 11:40 am by Arendac
» Minister of Transport: We do not have authority over any airport in Iraq
Mon Mar 04, 2024 11:40 am by Verina
» Did Okie Die?
Mon Mar 04, 2024 11:34 am by Arendac
» Hello all, I’m new
Wed Jan 31, 2024 8:46 pm by Jonny_5
» The Renfrows: Prophets for Profits, Happy Anniversary!
Wed Jan 31, 2024 6:46 pm by Mission1st
» What Happens when Cancer is treated with Cannabis? VIDEO
Wed Jan 31, 2024 8:58 am by MadisonParrish
» An Awesome talk between Tucker and Russell Brand
Wed Jan 31, 2024 12:16 am by kenlej
» Trafficking in children
Mon Jan 29, 2024 7:43 pm by kenlej
» The second American Revolution has begun, God Bless Texas
Mon Jan 29, 2024 6:13 pm by kenlej
» The Global Currency Reset Evolution Event Will Begin With Gold, Zimbabwe ZWR Old Bank Notes
Sun Jan 28, 2024 3:28 pm by Mission1st
» Tucker talking Canada
Wed Jan 24, 2024 6:50 pm by kenlej
» Almost to the end The goodguys are winning
Mon Jan 22, 2024 9:03 pm by kenlej
» Dinar Daily Facebook Page
Mon Jan 22, 2024 3:34 pm by Ponee