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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Iraqi-Iranian negotiations on the dollar

    Rocky
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    • Post n°1

    Iraqi-Iranian negotiations on the dollar Empty Iraqi-Iranian negotiations on the dollar

    Post by Rocky Mon 17 Dec 2018, 2:46 pm

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    Iraqi-Iranian negotiations on the dollar


    The Iraqi and Iranian governments are preparing to open the credit line between the banks of the two countries officially and use their currencies in trade exchange between them.
    According to the agency "Tasnim" negotiations between the Central Bank of Iran and the central Iraqi to finalize the opening of credit between the banks of the two countries officially through the use of the Iranian riyal and the Iraqi dinar.
    "We do not have a problem with exports to Iraq," said Yahya al-Ishaq, head of the Joint Iranian-Iranian Chamber of Commerce. "Our exports have reached 8 billion dollars in the past eight months.
    The Iranian official said that negotiations are underway and close to completion between the Central Bank of Iran and Iraq to be the process of opening credit through banks and formally through the adoption of the riyal and the dinar.
    Stressing that if this agreement was signed by both countries, the banks of the two countries will be able to open documentary credit L / C to each other.
    Iranian exports to Iraq grew 67% from 21 March to 21 October 2018 compared to the same period last year, with exports worth $ 6 billion and $ 757 million.
    Goods imported by Iraq from Iran topped mineral fuels, mineral oils, scrap products, asphalt products, metal waxes, plastic materials and products, accounting for 35% of total exported goods.
    Goods exported from Iran to Iraq included machinery, electronic equipment, spare parts and audio and video equipment, accounting for 12% of total exports.

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