{"id":79598,"date":"2024-07-09T00:00:00","date_gmt":"2024-07-09T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2024\/07\/09\/iran-and-russia-boost-trade-and-bank-transactions-via-a-monetary-agreement\/"},"modified":"2024-07-09T00:00:00","modified_gmt":"2024-07-09T00:00:00","slug":"iran-and-russia-boost-trade-and-bank-transactions-via-a-monetary-agreement","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2024\/07\/09\/iran-and-russia-boost-trade-and-bank-transactions-via-a-monetary-agreement\/","title":{"rendered":"Iran and Russia boost trade and bank transactions via a monetary agreement"},"content":{"rendered":"

<\/strong>Iran + Russia sign MoU to facilitate trade in local currencies: <\/strong>Tehran and Moscow have signed an agreement to allow both countries to trade in their local currencies and facilitate transactions through their respective banking systems, IRNA<\/a> reports. The agreement looks to integrate Iran\u2019s Shetab banking system with Russia\u2019s MIR interbank system by the end of next month to enable Iranian nationals to withdraw rubbles from Russian ATMs using their Iranian cards. A later stage of the plan will allow Russians to use their cards at Iranian ATMs.<\/p>\n

REMEMBER<\/strong>- <\/strong>Iran inked an MoU<\/a> in May with Russia\u2019s Tatarstan province to boost trade, exchange information, and facilitate visits by delegations.<\/p>\n","protected":false},"excerpt":{"rendered":"

This agreement marks the first bilateral monetary contract between both countries<\/p>\n","protected":false},"author":1,"featured_media":79599,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[53],"tags":[52,119,226,32],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-79598","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-diplomacy","tag-diplomacy","tag-iran","tag-russia","tag-trade","wpautop","entry"],"acf":{"mongo_id":"35a5231b-24dd-417a-8b3a-c7bebfdbf0cf","order":"7","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/7\/628.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Iran and Russia boost trade and bank transactions via a monetary agreement","related_issue":[79587],"teaser":"This agreement marks the first bilateral monetary contract between both countries","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.1b92986d-660f-4efd-a5b3-b55d48e638f4.mp3"},"yoast_head":"\nIran and Russia boost trade and bank transactions via a monetary agreement - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/09\/iran-and-russia-boost-trade-and-bank-transactions-via-a-monetary-agreement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Iran and Russia boost trade and bank transactions via a monetary agreement\" \/>\n<meta property=\"og:description\" content=\"This agreement marks the 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