Iranian Ambassador to Moscow Kazim Celali stated that the ruble could take on a central role in the trade between Iran and Russia. TASS reported the remark, highlighting a shift in how the two nations conduct their exchanges.
Celali explained that the ruble has the potential to become the primary currency in their bilateral dealings. He noted that after the visit of Iran’s Central Bank governor to Russia, the ruble began to appear in the stock market and participate in transactions beyond merely a domestic context.
According to the ambassador, more than two-fifths of the trade between Russia and Iran is already settled in rubles. He added that ongoing efforts aim to integrate Iran’s payment system Shchetab with Russia’s Mir system, which would streamline cross-border settlements and reduce dependence on other currencies.
Celali has previously commented on regional security dynamics, suggesting that some Western states are seeking to manufacture threats and crises affecting both Iran and Russia. His remarks point to broader strategic considerations shaping how the two countries manage their financial and economic cooperation.
Meanwhile, a spokesperson from Iran’s Foreign Ministry indicated during a press conference that Tehran and Moscow are pursuing collaboration that does not target Ukraine alone. The statement underscored a broader vision of regional alignment and mutual economic planning between the two countries, emphasizing a focus on durable, pragmatic engagement rather than reactive moves driven by external pressures.