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Czech National Bank sees no limitations for banking co-op with Iran

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Governor of the Czech National Bank (CNB) Jiri Rusnok said on Friday that CNB sees no limitations for banking cooperation with Iran.

Speaking during a meeting in Prague with Iranian Minister of Economic Affairs and Finance Ali Tayyebnia, the CNB governor voiced support for the activities of Czech banks and companies in Iran.

Tayyebnia has travelled to Prague to attend the 1st Iran-Czech Republic Joint Economic Commission session.

During the meeting, the Iranian minister underlined the need for boosting banking brokerage ties between the two countries to facilitate Tehran-Prague economic cooperation.

Figures released by the Czech Statistical Office suggests that Iran-Czech Republic economic relations rose up to $52 million in 2015, showing a 50% increase since a year ago.

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