| 8 December 2023, Friday |

Tehran urges Moscow to accelerate efforts to reduce impact of dollar

Iran’s Secretary of the Supreme National Security Council Ali Shamkhani urged Russian President Vladimir Putin’s special assistant, Igor Levitin, to speed up the path of reducing the influence of the dollar in economic exchanges.


During a meeting with Levitin in Tehran, Shamkhani stated that “the path towards reducing the influence of the dollar in regional and international economic transactions, which has been joined by many countries, will lead to undermining the West’s domination over the global economy to the lowest possible level.”


According to the official news agency IRNA, Shamkhani mentioned finalized initiatives between Russia and Iran regarding financial and banking exchanges with the aim of funding joint projects.


He described this as “an effective model in thwarting the West’s illegal sanctions on both countries.”


The officials also discussed the application of agreements in various economic and banking fields, including the implementation of the North-South Transport Corridor project.


They also agreed on Russian investment in the remaining part of the road in northern Iran.


Shamkhani expressed Iran’s satisfaction with the growing economic cooperation between Tehran and Moscow. He emphasized the need to activate mechanisms to accelerate the pace of implementing economic projects between the two countries.


During Levitin’s visit to Iran last January, the two countries agreed that the remaining part of the North-South strategic corridor, in Iran’s northern Rasht-Astara route, will be built with the direct investment of Russia.


The North-South Transport Corridor is a network for moving freight between Iran, Russia, Azerbaijan and other countries in Asia and Europe.


In his meeting with Shamkhani, Levitin presented a report on the latest developments related to commercial, banking, and joint economic projects.


“Moscow is ready to implement joint plans and projects as soon as possible, especially in the field of transit and investments in various economic sectors in Iran, including steel, oil, and petrochemicals,” said Levitin.

  • Asharq Al-Awsat