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ISTANBUL, June 1 (Reuters) - The central banks of Turkey and Iran have re-opened their connection on the SWIFT global transaction network, an Iranian economy official said on Wednesday, a sign of normalising banking ties after the lifting of sanctions against Tehran.
Sadegh Akbari, Iran's general director for foreign economic relations, made the comment while speaking to reporters at a conference in Istanbul.
SWIFT this year reconnected a number of Iranian banks to its system, allowing them to resume cross-border transactions with foreign banks. Iranian banks were disconnected from Belgium-based SWIFT, the Society for Worldwide Interbank Financial Telecommunication, in March 2012 as international sanctions tightened against Tehran over its disputed nuclear programme.
(Reporting by Humeyra Pamuk and Asli Kandemir; Writing by David Dolan; Editing by Nick Tattersall) ((david.dolan@tr.com; +90 212 350 7046; Reuters Messaging: david.dolan.thomsonreuters.com@reuters.net))
Sadegh Akbari, Iran's general director for foreign economic relations, made the comment while speaking to reporters at a conference in Istanbul.
SWIFT this year reconnected a number of Iranian banks to its system, allowing them to resume cross-border transactions with foreign banks. Iranian banks were disconnected from Belgium-based SWIFT, the Society for Worldwide Interbank Financial Telecommunication, in March 2012 as international sanctions tightened against Tehran over its disputed nuclear programme.
(Reporting by Humeyra Pamuk and Asli Kandemir; Writing by David Dolan; Editing by Nick Tattersall) ((david.dolan@tr.com; +90 212 350 7046; Reuters Messaging: david.dolan.thomsonreuters.com@reuters.net))
