The official pointed to the ongoing interactions between the Brazilian and Iranian banks, saying his country is ready to expand the economic cooperation with the Islamic Republic.
“There is no hurdle in transferring money to Iran via Brazilian banks," he said, adding that in case of any problem, the two sides can think of other ways, like exchanging goods, to preserve their trades.
According to the reports, the volume of trades between Iran and Brazil stood at $2.5 billion in 2018. Moreover, some $2 billion worth of goods from other countries are exported to Iran via Brazil every year.
MNA/IRN83303282