Iran’s Banking Relations on Amend
* After months-long talks and discussions, the Central Bank of Croatia has expressed serious hopes and interest in cooperation and deepening its ties with Iran in the field of payment systems. In a meeting held on August 30th between the two heads, Mr. Seif also elaborated that such collaborations can be in the form of making joint investments and opening branches along with representative offices in both countries. In this regard, an Iranian delegation, made up of representatives from the Chamber of Commerce and Industry, Mine, Agriculture and Trade Ministry is set to visit Croatia over the next month to expand bilateral trade relations. Iranian banks’ following up compliance with international standards has been repeatedly mentioned as the pre-requisite for this to happen. In lines with many attempts to establish banking correspondence between Iranian bank and their foreign counterparts, the Iranian Ambassador to France is also working to enhance the cooperation between major French banks with Iranian ones.