Russia says it has devised an alternative to a global electronic money transfer mechanism which the United States has shown it would readily use to disrupt overseas financial transactions of countries which it sanctions for political disputes.
Russia devises own SWIFT system
The Asian Infrastructure Investment Bank (AIIB) says it has approved 13 new applications to join it bringing the total membership of the bank which was initiated by China to 70.
13 states, including US ally Canada, join AIIB
While the British government has reaffirmed its commitment to help Iran’s reintegration into the global financial system, reports say the country’s central bank is still reluctant to facilitate trade between the two countries.
BoE reluctant to help facilitate Iran-UK trade
Serious signs have appeared showing that doing business with Iran may have already started to return to normal a year after the removal of sanctions that had complicated commerce with the country since 2011.
New signs show doing post-sanctions business with Iran returning to normal: Report
Kazakh Foreign Minister Kairat Abdrakhmanov says that his country supports Iran’s membership in the Shanghai Cooperation Organization (SCO).
Astana supports Tehran’s membership in SCO
Iran's Ambassador to Zimbabwe Ahmad Erfanian met the Chief Executive Officer of Zimbabwe's National Trade Development and Promotion Organization Sithembile Pilime on Wednesday to discuss ways to develop trade between the two countries.
Iran, Zimbabwe discuss ways to develop trade
An agreement to set up a free-trade area between Iran and the Eurasian Economic Union (EEU) will establish the basis for further growth in trade with Russia, which grew by about 80 percent in 2016, said Iranian Ambassador to Russia, Mehdi Sanaei.
Iran-EEU deal to ensure growth in trade: Ambassador
Iran resumed export of electric power to Iraq after it had been halted for more than two months, the Iraqi Ministry of Electricity disclosed in a statement.
Iran resumes electricity export to Iraq
Iran has the capacity to build a 100 percent renewable energy system by 2030 by investing about $187 billion, a Finnish university study has found.
Iran can have 100% renewable grid by 2030: Study
Iran's Foreign Ministry officials and representatives of the state-run and private banks held a meeting in Tehran to explore avenues for expanding banking ties with Latin American countries.
Iran hosts meeting on closer Latin America banking ties

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