It’s Official – Russia & Iran agrees to exit dollar trade for the use of their own currencies

Greetings,

iran-russia1More consternation of officials from America as they see other nations looking to decouple themselves from the US dollar system into freedom. It is no wonder that nations such as Venezuela, Argentina, Libya, Iraq, China, Iran, and Russia have been bubbling points on America’s list for war and regime change.

Why? Because left unchecked, the dollar’s stronghold would collapse and fall to pieces. This is not lost on the US politicians and military officials. They need the dollar to maintain it’s role as the world’s reserve currency in order for them to advance American policy of global hegemony.

You see quiet coups taking place around the world to replace people power with corporate power that falls in line with US capitalism.Now the dollar is deep deep trouble and desperately vying for a little more time while others are trying their best to sideline it thereby sidelining the empire.

Iran, Russia to sign monetary agreement for trade facilitation: minister

A senior Iranian official said on Tuesday that Iran and Russia will sign a joint monetary agreement to facilitate mutual trade transactions, official IRNA news agency reported.

The agreement is aimed to facilitate exchange of Iran’s rials and Russia’s roubles, and it will also pave the way for boosting Tehran-Moscow economic relations, Iranian Minister of Communications Mahmoud Vaezi was quoted as saying.

Vaezi made the remarks after a meeting with the visiting Russian Minister of Industry and Trade Denis Manturov.

Vaezi said two sides discussed the ways to remove obstacles to bilateral cooperation during the meeting, adding that Russia will take steps towards decreasing its customs tariff in line with Iran’s interests.

For his part, the Russian minister stressed the importance of increasing joint investments.

Cordial relations between Tehran and Moscow have prepared good grounds for expansion of economic cooperation, Manturov said.

Following the downing of a Russian warplane by Turkey near Syrian border last month, Iran urged Russia for the ease of customs duty for its agricultural exports.

“Iran has now a golden opportunity to increase the export of its agricultural products to Russia to replace Turkey,” head of Iran’s Chamber of Commerce Mohsen Jalalpour said early this month.

On Nov. 26, the Russian government announced that it had tightened control over imports of farm products from Turkey as ties between the two countries plummeted after the warplane downing.

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