Iran and Algeria Central Bank Chiefs Discuss Economic Cooperation

According to the Economic Desk of Webangah News Agency, Abdolnaser Hemmati, the Governor of the Central Bank of the Islamic Republic of Iran, held a meeting with his Algerian counterpart, Mohamed Bouri, during the annual meetings of the International Monetary Fund (IMF).

During the meeting, the banking officials from Iran and Algeria reviewed the latest status of monetary, banking, and trade relations between the two countries. A primary focus of their discussions was the effort to elevate the level of joint economic cooperation and leverage existing capacities to strengthen bilateral trade interactions.

Hemmati, referencing the historical and political commonalities between Iran and Algeria, underscored the Islamic Republic of Iran’s strong commitment to expanding and solidifying economic relations with friendly and fraternal nations. He emphasized the importance of developing economic ties among countries in the region and the Islamic world to serve mutual interests.

The Governor of the Central Bank of Algeria, expressing his satisfaction with the meeting, conveyed his country’s readiness to broaden economic and banking cooperation with Iran. He also stressed the necessity of pursuing and implementing bilateral agreements to secure the mutual interests of both nations.