WORLD Iran's FM urges removal of USD from foreign trade

WORLD

Iran's FM urges removal of USD from foreign trade

Xinhua

21:08, July 01, 2019

Iran's Foreign Minister Mohammad Javad Zarif. (Photo: Agencies)

TEHRAN - Iranian Foreign Minister Mohammad Javad Zarif said on Monday that removal of US dollar from Iranian foreign trade would serve as an effective way to thwart US sanctions' impact against Iran, Tasnim news agency reported.

In an address to the National Day of Industry and Mine, Zarif called for the effective efforts to deal with the US economic pressures on Iran.

Washington plans to harm Iran's economy by disrupting the foreign currency markets, he said, adding that Iran and some other countries try to cut their dependence on the US dollar to avert economic harms.

Iran and Turkey have conducted 35 percent of the bilateral trade exchanges with their own currencies, he added.

Related Stories

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue