Central Bank Policies Hinder Development of Iran-Russia Trade

Continued strict currency policies and Central Bank interventions in exchange rates have eliminated exporters' incentive to use the country's banking network, steering capital toward intermediary companies and opaque channels.

The continuation of strict foreign exchange policies and interventions of the central bank in the exchange rate destroys the motivation of exporters to use the country's banking network and directs capital towards intermediary companies and non-transparent routes.

According to Ambassador Arjan's report, see an interview with Kambiz Mirkarimi, a member of the Chamber of Commerce, on Ambassador Arjan's TV.