Tehran expects that major financial institutions of Russia and Iran will soon start cooperating, Iran's Ambassador to Russia Mehdi Sanaei said.





MOSCOW (Sputnik)�� According to�Sanaei, Tehran and Moscow have achieved some positive results in�talks on�establishing the Russian-Iranian bank.


"It is expected that large banks of�the two countries will soon start bilateral cooperation," the ambassador told the Russian Kommersant newspaper in�an interview.


The diplomat also expressed hope that the central banks of�Russia and Iran would "take effective steps toward�national currencies exchange" to�promote the development and extension of�trade and economic ties between�the countries.

Tehran is also interested in�Russia's presence in�various investment projects in�Iran, the ambassador added.

Most of�the large Russian banks have disconnected their relations with�Iranian banks in�the past�few years amid�Western sanctions against�Tehran imposed over�fears Iran was developing nuclear weapons. The sanctions were lifted earlier this year, after�the International Atomic Energy Agency released a report in�January stating that it had found no evidence of�nuclear weapons development in�Iran since�2009.

By Sputnik