TEHRAN — Iran and Taliban have reached an agreement to strengthen banking and financial cooperation, the Central Bank of Iran said Thursday, as the two sides seek to facilitate trade and economic exchanges.
The agreement was made during a meeting in Yekaterinburg, Russia, on the sidelines of the Banking Technology Conference, where Mohammad Reza Farzin, Governor of the Central Bank of Iran, met with Noor Ahmad Agha, Governor of the Taliban-controlled Central Bank of Afghanistan.
According to the Central Bank of Iran, both officials stressed the need to enhance monetary and banking ties to support growing trade between the two countries.
The two sides also discussed the current volume of economic exchanges and called for the establishment of new financial mechanisms to further facilitate bilateral trade.
The meeting comes as Afghanistan faces severe economic challenges, including banking restrictions and financial isolation. In response, the Taliban administration has sought to strengthen economic ties with neighboring countries, including Iran.
