Iran, Russia to integrate banking systems to bypass Western sanctions

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(Worthy News) – Iran and Russia signed an agreement Sunday to integrate their banking systems to help them skirt Western sanctions.

Mohen Karimi, the Central Bank of Iran’s deputy governor, signed a memorandum of understanding with his Russian counterpart in Tehran Sunday.

“From now on, the financial messengers of all Iranian banks and all Russian banks are linked to each other,” Karimi told Iran’s state-run Mehr news agency. [ Source: Fox News (Read More…) ]

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