MOSCOW (Sputnik) — The meeting of the Iranian and Azerbaijani central banks' chiefs took place on the sidelines of the trilateral meeting between Russian President Vladimir Putin, his Azerbaijani counterpart Ilham Aliyev and Iranian leader Hassan Rouhani which is being held in Baku on Monday.
"We made this proposal to deepen relations between the banks and to facilitate transactions, this idea was the subject of our agreement. We intend to take necessary steps to establish this bank in the future," Seif said, as quoted by IRNA news agency.
Focusing on regional economic and trade development, the project should give special attention to security of transactions carried out by tourists and businesses, Seif added.
