MNA �Russian Ambassador to Iran Levan Dzhagaryan said banking cooperation between Iran and Russia will increase in near future.

He made the remarks at �Khazar National Day� conference in Babolsar, Iran on Thursday.

Russian ambassador said, �Increasing banking transactions will result in increasing of trade between the two countries.�

Dzhagaryan added, �I hope that increasing in banking transactions will pave the way for further elimination of dollar from the two countries� trade.�

He said that the level of cooperation between Iran and Russia is high due to political will of the two sides.

Russian diplomat added, " A Russian economic delegation will visit Iran's northern provinces in near future in order to increase economic and trade cooperation between two countries."