Ali Saleh Abadi, one of the members of high-profile economic delegation of Iran and CEO of Export Development Bank of Iran, accompanying Mohammad Javad Zari, Foreign Minister, during a periodic trip to South Africa, Uganda and Niger voiced one of the required infrastructures to make economic relations with African countries is establishing banking relations, adding one of Iran's priorities is paying attention to Africa continent.
The official made the remark that there are good opportunities in Africa continent, could be Iran's destinations for its products exports.
"Regarding banking issues, we have reached the agreement with some of those countries' banks to establish brokerage banking relation with them", Saleh Abadi said.
He reminded it was supposed that South Africa's government to introduce one its banks to Export Development Bank of Iran to have brokerage relation with it.
Saleh Abadi went on, noting that we came to an agreement to have brokerage relation with one of the Niger's banks and also two of the Uganda's banks agreed to have brokerage relation with Iran.
"We can use intermediary banks based in Europe to settle and we have negotiated and finalized some procedures in this regard with South Africa, Uganda and Niger in order to how to settle deals with African side through European banks", CEO of Export Development Bank of Iran stated.
It is worth noting that Iran's high-profile delegation during the sidelines of Zarif's visist from African countries, participated in specialized meetings with South African, Ugandan and Niger's corporates and institutions and talked to them.
