Iran’s finance minister, IsDB president discuss bilateral co-op

October 13, 2023 - 14:54

TEHRAN- Iranian Finance and Economic Affairs Minister Ehsan Khandouzi met Islamic Development Bank (IsDB) President Muhammad Sulaiman Al Jasser in Morocco on Friday.

Khandouzi accompanied by Central Bank of Iran (CBI) Governor Mohammad-Reza Farzin has traveled to Morocco to attend the annual meetings of the International Monetary Fund (IMF) and the World Bank (WB), which are held during October 9-15 in Morocco.

The meeting was a continuation of the intensive negotiations of the past two years with the Islamic Development Bank, with the aim of promoting the joint programs of the two parties.

In this meeting, the latest status of the projects being implemented by the Islamic Development Bank in Iran was discussed and evaluated, and the president of the Islamic Development Bank thanked and appreciated the initiatives of Iran’s finance and economic affairs minister and his accompanying team in the past two years to solve the outstanding debts of Iran from previous years. 

Al Jasser stated that in the current period, despite the remaining issues related to sanctions, due to the serious change in the government's approach to strengthening its relationship with the bank as one of its most important shareholders, the conditions of cooperation between the two parties have changed significantly.

He expressed hope that with the continuation of this trend, the remaining issues between the two parties will also be resolved and the groundwork for the implementation of new projects between the two parties will be provided this year.

In this meeting, the program of the Islamic Republic of Iran for cooperation in new areas such as health, technology, and science and the implementation of projects related to these areas was explained to the president and officials of the Islamic Development Bank, which was welcomed by the bank president.

MA

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