Iran-India banking mechanism to start operation in few days: envoy

January 1, 2019

TEHRAN- The banking mechanism between Iran and India is ready for operation, Indian Ambassador to Iran Saurabh Kumar announced, saying that banking and trade activities will be started between the two sides in the next few days.

The Indian envoy made the remarks in a meeting with Central Bank of Iran (CBI) Governor Abdolnaser Hemmati in Tehran on Monday evening, CBI website published.

During the meeting, the two sides investigated the current status of banking and trade ties between Iran and India.

Facilitation of banking transactions between the two countries and India’s investment making in Iran’s southeastern port of Chabahar were the top issues discussed between the CBI governor and the Indian ambassador.

MA/MA

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