Date: 21 December 2018 , 12:40
News ID: 3012

Iran, Turkey to Further Expand Banking Ties

High-ranking Iranian and Turkish officials are due to hold a meeting in Ankara on Thursday to discuss ways to further bolster and remove obstacles to the bilateral banking relations despite the US sanctions.
Iran, Turkey to Further Expand Banking Ties

Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati is scheduled to hold a meeting with his Turkish counterpart Murat Çetinkaya and other relevant officials to confer on ways to expand banking ties between the two countries.

Hemmati is accompanying President Rouhani in a high-ranking politico-economic delegation to Ankara.

President Hassan Rouhani and his entourage are in Ankara on Thursday at the official invitation of Turkish President Recep Tayyip Erdoğan to take part in the 5th high council meeting for strategic cooperation.

The initiative for establishing the high council took form during Rouhani’s visit to Turkey back in 2014, during which the two presidents set a trade target at $30 billion.

Turkish officials, including President Erdogan, have criticized the US for re-imposing its unilateral sanctions against Iran, stressing Ankara’s determination to keep economic ties with Tehran.