BAKU, Azerbaijan, June 16. A senior official at
Iran’s Central Bank traveled to Moscow as part of a delegation
aimed at expanding financial and banking cooperation between Iran
and Russia.
This was reflected in a statement from the Central Bank of Iran
published by Iranian state media.
Abdolnaser Hemmati, Director General at the institution, is
visiting Moscow to advance discussions on strengthening bilateral
banking relations and developing financial cooperation
mechanisms.
According to the report, talks during the visit are expected to
focus on simplifying cross-border payments, enhancing cooperation
between the two countries’ central banks, and creating new
mechanisms to increase trade turnover.
The visit comes as Iran and Russia continue efforts to deepen
financial integration. According to official data, the first phase
of linking Iran’s “Shetab” payment network with Russia’s “Mir”
system began as a pilot in 2024, allowing Iranian citizens to
withdraw rubles from ATMs in Russia.
According to the report, the second phase of cooperation was
launched in 2025, enabling Russian citizens to use the “Mir Pay”
system to make purchases at point-of-sale terminals in Iran.
