During a meeting held in Hungary on Friday, Iranian and Hungarian officials underlined the need for establishment of banking operations between the two countries which is in line with strengthening of bilateral ties.
Pointing to the recent visit of Hungarian Prime Minister Viktor Orbán to Iran, Mohammad Reza Morshedzadeh said the meeting ended after concluding 10 agreements between the two countries.
"Planning for boosting economic and trade cooperation is impossible without creating a link and establishing banking operations between the two countries," he undelined.
Morshedzadeh confirmed that removal of unfair sanctions brought many European and non-European traders, businessmen and bankers to Iran in a bid to take the best advantage of opportunities under the new conditions.
Congratulating Iran on the conclusion of historical nuclear deal with 5+1, György Matolcsy, Head of Hungary's Central Bank, called for expansion of banking cooperation between Iran and Hungary.
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