Mohammad Reza Farzin, the Governor of the Central Bank of Iran (CBI), departed for Bengaluru (Bangalore), India on August 25 to attend the Global Digital Public Infrastructure Conference and Emerging Technologies, as part of efforts to strengthen economic diplomacy with key BRICS members.
The conference, focusing on digital public infrastructure and emerging technologies, provides a platform for Iran to explore potential collaborations in fintech and digital banking solutions with other participating nations.
Farzin, accompanied by a technical delegation, will participate in discussions aimed at enhancing monetary and banking cooperation with Iran's economic partners on the sidelines of the conference, Banker.ir reported
The visit comes as Iran seeks to bolster its economic ties with BRICS nations, particularly in the face of ongoing Western sanctions.
Bengaluru, the capital of Karnataka state and a major technology hub in India, is hosting the event.
This trip underscores Iran's efforts to diversify its international economic relationships and engage with emerging global financial technologies.
It also highlights the growing importance of BRICS countries in Iran's economic strategy.
Related Articles
UN says Iran aid budget needs to double post-war as Afghan exodus increases
Stefan Priesner is the UN resident coordinator in Tehran, the UN's most senior official in the country, has said the organisation's humanitarian and development aid budget to the country would need ... more
Iran casts doubt on fragile ceasefire with Israel, warns of renewed response
Iran’s recently-installed Chief of Staff of the Armed Forces, Abdolrahim Mousavi, has voiced strong doubts over Israel’s commitment to the ceasefire that ended the recent 12-day war, warning that ... more
Iraq holds talks with Excelerate Energy on buying first LNG from US
Iraq is in the final stages of negotiating its first-ever purchase of LNG supplies as power outages hamper the Middle East country, Bloomberg reported on June 26. Dallas-headquartered Excelerate ... more