<p dir="LTR"><span>Financial Tribune- The Central Bank of Iran has recently decided to move international settlements from Persian Gulf states to Russia and Turkey, said the governor of CBI.</span></p> <p dir="LTR"><span>"The decision is aimed at facilitating banking services and international clearance," Valiollah Seif was also quoted as saying by Mehr News Agency.</span></p> <p dir="LTR"><span>The CBI chief noted that international settlements was handled in Persian Gulf countries due to their easy processing and close proximity.</span></p> <p dir="LTR"><span>"Under the current circumstances, the settlement will be divided between a number of countries," he added.</span></p> <p dir="LTR"><span>Seif noted that a part of international settlements will take place in Turkey while the rest will be processed through countries that have not worked with Iran before.</span></p> <p dir="LTR"><span>"There have been negotiations with Russians to handle some settlements through them and their banks are gradually adjusting to the required systems," he said.</span></p>