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EghtesadOnline: Governor of Central Bank of Iran (CBI) Valiollah Seif explained his recent negotiations with Omani banking officials during his recent visit of President Hassan Rouhani to that country, saying the two countries will sign a memorandum of understanding (MoU) soon.

Seif reiterated that Iran does not have frozen assets in Oman, according to IRNA.

“In negotiations that I had with governor of Central Bank of Oman, the avenues for boosting mutual cooperation between Central Banks of Iran and Oman as well as development of relations between the two countries’ commercial banks,” the CBI chief said. 

Seif pointed to establishing a mechanism for opening a special account for settling the inter alia interactions in the two countries’ currencies, and said, “We also discussed connecting national switch cards of both countries to each other.”

Hassan Rouhani Iran Banking CBI Valiollah Seif Central Bank of Iran Iran-Oman ties Iran frozen assets