The dominance of the West over the world economy will be diminished, a top Iranian security official claimed on Sunday, if the US dollar’s impact on regional and worldwide trade is reduced.
According to SNSC-affiliated Nour News, Ali Shamkhani, the secretary of Iran’s Supreme National Security Council (SNSC), made the comments at a meeting with Igor Levitin, the president of Russia’s adviser, in Tehran, the Iranian capital.
Shamkhani stated during the conference that the process to lessen the influence of the dollar in regional and international transactions has already begun and that many nations are following the path.
He called the agreements reached between Iran and Russia over money transfers and banking operations a “effective” way to “doom the unlawful Western sanctions to failure.”
In addition to stressing the need to quicken the implementation of the cooperative economic projects, Shamkhani expressed satisfaction with the increased degree of economic cooperation between Iran and Russia in recent months.
According to him, completing the International North-South Transport Corridor and increasing bilateral collaboration in the transportation industry are crucial components of the joint projects.
Levitin stated that the steel, oil, and petrochemical industries, among others, are among the Iranian economy’s many potential investment areas.
He said favourable conditions have been set up for signing multilateral economic agreements and luring other nations to engage in the profitable economic projects, commenting on the frequent bilateral visits by the economic and financial leaders of the two countries over the past several months.
Levitin landed in Tehran on Friday evening to meet with top Iranian officials, including Mohammad Mokhber, the first vice president of Iran, and Mehrdad Bazrpash, the minister of roads and urban development.
In order to oppose American actions, Iran and Russia, who are both subject to US sanctions, have been enhancing their political and economic ties.
