Iran to Establish Brokerage Relation with African Banks

CEO of Export Development Bank of Iran says Iran's brokerage relation with South Africa, Uganda and Niger will be established.

IBENA – CEO of Export Development Bank of Iran says Iran's brokerage relation with South Africa, Uganda and Niger will be established.

Ali Saleh Abadi, one of the members of high-profile economic delegation of Iran and CEO of Export Development Bank of Iran, accompanying Mohammad Javad Zari, Foreign Minister, during a periodic trip to South Africa, Uganda and Niger voiced one of the required infrastructures to make economic relations with African countries is establishing banking relations, adding one of Iran's priorities is paying attention to Africa continent.

The official made the remark that there are good opportunities in Africa continent, could be Iran's destinations for its products exports.

"Regarding banking issues, we have reached the agreement with some of those countries' banks to establish brokerage banking relation with them", Saleh Abadi said.

He reminded it was supposed that South Africa's government to introduce one its banks to Export Development Bank of Iran to have brokerage relation with it.

Oct 29, 2017
IBENA |