Sep 27, 2023, 12:00 PM

CBI governor tours Qatar with banking cooperation on agenda

CBI governor tours Qatar with banking cooperation on agenda

TEHRAN, Sep. 27 (MNA) – In order to increase monetary and banking cooperation with regional neighbors, the governor of the Central Bank of Iran traveled to Qatar.

In line with the government's regional diplomacy and in order to strengthen and develop monetary and banking cooperation and use common economic capacities with neighbors, the governor of the Central Bank of Iran Mohammad Reza Farzin arrived in Doha, the capital of Qatar, CBI spokesperson, Mustafa Qamari Wafa wrote on his X account.

During the visit, Farzin will meet and hold talks with Sheikh Bandar bin Mohammed bin Saoud Al-Thani, the Governor of Qatar Central Bank, he added.

Earlier on September 18, the CBI governor announced that $6 billion of Iran's frozen funds had been transferred into Iran's bank accounts in Qatar.

According to the agreements, all payments will be made by brokers of Qatari banks and SWIFT, he said.

Under a deal between Iran and the United States brokered by Qatar last month, the two sides agreed to exchange prisoners and secure the release of some $6 billion of Iranian funds that had remained blocked in two South Korean banks since 2018 because of US pressure on Seoul.

The Biden administration also agreed to release five Iranian citizens held in the United States.

The five Iranian detainees were identified as Mehrdad Moein Ansari, Kambiz Attar Kashani, Reza Sarhangpour Kofrani, Amin Hassanzadeh, and Kaveh Lotfollah Afrasiabi.       

RHM/

News ID 206493

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