Hammond: London to host a meeting to regulate banking ties with Iran

British Foreign Secretary Phillip Hammond said on Tuesday that a meeting will be held in London later in the day to regulate banking ties with Iran. Hammond made the remarks in his statement to the House of Commons. Hammond said that representatives from Central Bank of Iran (CBI), the US…

Iran banks queue up to open branches in India

Indian bank executives say Iranian and Pakistani banks have lined up to open branches in India as bilateral trade was of interest for the banks, according to daily Business Standard. The officials say in the case of Iran, the lifting of sanctions has paved the way for direct relations. Three…