Skip Navigation Links
  Skip Navigation Links  
 
Code: 49636 Visited: 166 Publish Date: Jun 10 2018 - 10:34
https://goo.gl/ckuTXq
Capital Market
Iran, Russia Trade Ties on Upswing, Mull Joint Investments in Capital Market
Tehran, June. 10 (SENA) - The visiting Russian deputy trade representative in Iran has stressed that business people of both countries should avail opportunities of investment in sectors of mutual interest.

Tehran, June. 10 (SENA) - The visiting Russian deputy trade representative in Iran has stressed that business people of both countries should avail opportunities of investment in sectors of mutual interest.

Deputy Trade Representative of the Russian Federation to Iran, Mr. Vladislav Prepelkin, paid a visit to Central Securities Depository of Iran upon an official invitation by CSDI Chief Executive Officer, Mr. Hossein Fahimi on Wednesday to discuss, among other things, ways of developing bilateral cooperation in commercial, economic and investment.

A wide range of issues were raised at the meeting including progress of developing the banking infrastructure for bilateral cooperation, opening of correspondent accounts as well as initiatives to pave the ground for the two nations’ market players to get more acquainted with all spheres of their activities, facilitate exploration of unused economic potential and review grounds to boost trade cooperation.

Speaking at the meeting, the CSDI chief said that “Collaboration with Russia is important for us with regard to all new and existing instruments, allowing us to ensure a high level of reliability and technological efficiency.”

Later in his remarks, Mr. Fahimi termed capital markets as key components of the financial system and said CSDI was keen to foster relations with Russian key market players whose cooperation will be critical to the wellbeing of both sides’ capital markets.

For his part, the Russian deputy trade representative expressed satisfaction with the progress achieved in the relative areas and said, “Iran and Russia have improved bilateral trade and are also working to step up their efforts to create platform to connect the two countries’ capital markets.”

The Russian side further agreed to cooperate with CSDI on several directions - primarily the development of correspondent relations between the credit institutions of Russia and Iran.

Central Securities Depositary of Iran has intensified efforts to connect the Iranian and Russian capital markets following a landmark Memorandum of Understanding CSDI sealed with National Settlement Depository of Russia earlier in April, 2018.

Establishing a stock market corridor for investors in the two countries to access each other's capital markets were also among the main issues to be worked upon under this cooperation agreement.

 

 
By: Security and Exchange News Agency (SENA)
 
 
1 
 
 
 
©2017 All rights reserved.
Powered by IT Department of SEO.
 
©(1389-1394) تمام حقوق این سایت متعلق به سازمان بورس می باشد
نقل مطالب بدون ذکر منبع پیگرد قانونی دارد