The Secretary of Iran’s Supreme National Security Council (SNSC) Ali Shamkhani referred to the Iran, Iraq agreement for settlement of payments related to Iraqi energy arrears to Iran and stated: “The funds will be used to purchase basic goods and to settle payments owed by Iranian merchants to trade partners in Iraq,” reported the IRNA.
About the result of his visit to the United Arab Emirates last week, he stated: “We agreed to facilitate the use of the UAE dirham in trade ties between Iran and the UAE.”
According to Shamkhani, the financial agreements that he worked out in the UAE and in Iraq would positively impact the foreign exchange situation in Iran.