Iran designs rial-denominated trade system to streamline commerce with Iraq and Afghanistan

Rial-based trade mechanism with neighbors being designed: TPO official

TEHRAN- The Deputy for Commercial Services of Iran's Trade Promotion Organization (TPO), referring to the country's plans to expand trade with neighboring countries, said: To facilitate trade exchanges with countries such as Iraq and Afghanistan, proposals have been made to establish a rial-based trade mechanism, and this matter is being reviewed in cooperation with the banking system and exchange offices.