Iran, India prepare mechanism for banking transactions

TEHRAN, Jan. 01 (MNA) – The Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati met with the India’s Ambassador to Iran Saurabh Kumar to discuss the latest developments in bilateral banking and trade relations.

In the meeting, which took place in Tehran on Monday afternoon, Saurabh Kumar, India’s Ambassador to Iran said that the financial mechanism between the two countries is prepared and the two sides will carry out their business and banking operations in the coming days on the basis of the exemptions received by the Indian government.

Also in the meeting, the two sides discussed facilitating banking affairs and the implementation of India's investment in Iranian port of Chabahar.

News Code 141089

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