EghtesadOnline: Hurdles on the way of banking relations between Iran and China are still in place and affecting exports, the deputy director of Iranian Oil, Gas and Petrochemical Products Exporters Union said.

EghtesadOnline: In response to recent complaints of Iranian petrochemical companies regarding difficulties in transferring money from China to their accounts in Iran, the head of Iran-China Chamber of Commerce enumerated money laundering concerns as the main reason behind the problem.

EghtesadOnline: After reports emerged that the banking woes of Iranian citizens in China have resurfaced and they are increasingly finding their accounts closed, the Iranian Embassy in Beijing announced that it is determined to resolve the issue.

EghtesadOnline: Minister of Economic Affairs and Finance Ali Tayyebnia met with Chairman of the Chinese National Development and Reform Commission He Lifeng in Tehran to discuss various dimensions of Iran-China economic ties, especially those concerning banking ties.

EghtesadOnline: In view of the scale of Chinese finance coming from Iran, China’s Ambassador to Iran Pang Sen and Governor of the Central Bank of Iran Valiollah Seif in a meeting on Wednesday emphasized the importance of improving correspondent relations between Iranian and Chinese banks.

EghtesadOnline: After weeks of speculation about the banking problems of Iranian students and businesses in China, which ranged from difficulties in conducting transactions to the total closure of accounts, a breakthrough has been made to end those concerns.

EghtesadOnline: A senior Iranian official announced that there are no significant banking issues with China and the UAE, as hurdles with Turkish Halkbank are being removed.