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Category bilateral trade

Indonesia and South Korea Sign New Local Currency Agreement to Boost Trade

Indonesia and South Korea Sign New Local Currency Agreement to Boost Trade

Bank Indonesia, the Bank of Korea, and South Korea’s Ministry of Economy and Finance have introduced a local currency transaction framework to boos...
India and Russia to Enhance Trade With Rupee-Ruble Payments

India and Russia to Enhance Trade With Rupee-Ruble Payments

India and Russia are discussing ways to enhance bilateral trade by adopting payments in their national currencies and reducing non-tariff barriers....
Iran Looking to Replace Dollar With Dinar in $10 Billion Trade With Iraq

Iran Looking to Replace Dollar With Dinar in $10 Billion Trade With Iraq

Iran’s government considers employing the Iraqi dinar in bilateral trade with Iraq in a bid to further curtail the dominance of the U.S. dollar. Th...
Iran and Russia Talk Crypto Cooperation, Unveil Tool Streamlining Trade in National Currencies

Iran and Russia Talk Crypto Cooperation, Unveil Tool Streamlining Trade in National Currencies

Experts and business representatives from Iran and Russia have discussed the potential uses of cryptocurrencies and blockchain. The two countries a...