May 25:
Russia and Iran have agreed to move to the highest possible level of mutual settlements in national currencies. The countries are discussing the connection of the Mir and Shetab (Iran's payment system) payment systems, as well as the work of national systems for transmitting financial messages, the co-chairman of the intergovernmental commission of Russia and Iran, Russian Deputy Prime Minister Alexander Novak said.
"One of the key topics (of the talks) was to create conditions for mutual settlements and the passage of payments between our legal entities, organizations. It is important that we have agreed to switch as much as possible to settlements in national currencies. Together with the central banks we have discussed the distribution and operation of financial messaging system, as well as the connection of payment cards Mir and Shetab," he said after the meeting of co-chairmen of the Intergovernmental Commission.
Currently, the Mir card does not work in Iran. It was reported that Iran and Russia are discussing the issue of connecting their banks to the Financial Message Transfer System (FTS), the Russian equivalent of the SWIFT system of international settlements....
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Also at TASS via the sustainable development peeps at World News Monitor who get the HT that the story was out.
