Iran, Luxembourg economies complementary: CBI chief

EghtesadOnline: Iran and Luxembourg economies are complementary to each other, Iran's Central Bank Chief Valiollah Seif said on Monday.

News ID: ۷۷۰۵۰۱

18 October 2016

He made the remarks in a meeting with Deputy Prime Minister of Luxembourg Etienne Schneider, reports IRNA.

Enhancement of banking cooperation between Iran and Luxembourg is necessary for the two countries to strengthen economic ties, Seif said.

Iran welcomes establishment of Iranian and Luxembourg bank branches in the two countries, the CBI chief added.

He also called for the establishment of brokerage cooperation between the two countries’ banking systems.

Iranian and Luxembourg economies are complementary to each other, the official added.

Seif asked for more consultations between bankers in Iran and Luxembourg in order to exploring new ways of enhancing banking cooperation.