Iran, Russia to integrate banking systems to bypass Western sanctions
Fox News
Iran and Russia have signed an agreement to integrate their countries' respective banking systems in order to bypass Western sanctions.
"From now on, the financial messengers of all Iranian banks and all Russian banks are linked to each other," Karimi told Iran’s state-run Mehr news agency. Bradford Betz is a Fox News Digital breaking reporter covering crime, political issues, and much more.
He said the memorandum of understanding includes more than 100 banks in 13 additional countries but did not name them.
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