Russia, Iran discuss linking card payment systems to overcome US sanctions

Russia is in talks with China and Iran on linking the Russian Mir card payment system with other domestic payment systems

The Global South births a new game-changing payment system    

Challenging the western monetary system, the Eurasia Economic Union is leading the Global South toward a new common payment system to bypass the US Dollar.

‘Unprecedented’ US pressure on Turkish banks hinders Mir payment system: Kremlin

The US is pressuring countries to abandon the Russian Mir payment system, which has bypassed sanctions

Erdogan to hold talks with Russian delegation over Mir payment system: Report

Turkish banks, Denizbank and Isbank, recently suspended the use of Mir payments after the US expanded its sanctions on Russia

Under threat of sanctions, some Turkish hotels reject Russian credit cards

Despite several major Turkish banks adopting Russia's payment system, businesses in Turkey are expressing fear of being sanctioned by the west

Egypt to adopt Russia’s Mir payment system: Report

Iran, Turkey, and Bahrain have also moved to implement the Russian payment system, ignoring western diktats to cut ties with Moscow

Iran ‘months away’ from joining Russia’s Mir payment system

The two nations are reportedly in 'advanced talks' to implement a payment system that can be used to circumvent western sanctions

Iran will soon accept Russian payment system for international shoppers

Once Mir cards are accepted in Iran, tourists and visitors from Russia can shop in Iran without having to use cash

Iran to receive Russian Su-35s ‘soon’: Official

Tehran has not acquired any new military aircraft since it purchased Russian MiG-29 Fulcrum jets in the 1990s

Major Russian bank introduces transaction service with Iran

Lately, Iran and Russia have been stepping up banking and trade cooperation in an effort to confront an aggressive western sanction policy

Iranian and Russian presidents hold talks at SCO summit

Iran and Russia have recently deepened cooperation in order to bypass western sanctions

Iran Central Bank and Tehran Stock Exchange launch trade in Russian rubles

Earlier this week, Moscow expressed interest in dropping the US dollar for their bilateral trade with Iran

Iran and Russia ready to drop US dollar in bilateral trade: Kremlin

President Ebrahim Raisi and Vladimir Putin have moved to increase cooperation in order to overcome unilateral US sanctions

Iran soon to be officially admitted into the SCO

The SCO was founded in 2001 in Shanghai by the leaders of Uzbekistan, Russia, Kazakhstan, Kyrgyzstan, Tajikistan, and China

Iran-Russia interbank agreement soon to be implemented, official announces

The pursuit of inter-banking agreements comes amid efforts by Tehran and Moscow to strengthen their economies and bypass western sanctions

‘Tehran ready to help resolve Ukraine crisis’: Amir-Abdollahian

The Ukrainian FM announced Kiev's readiness for expanding relations with Iran, specifically in the agricultural sector

Presidents of Iran, Russia discuss expansion of strategic bilateral ties

Among issues related to energy and bilateral ties, Russia and Iran also discussed progress on an alternative international banking system to allow trade between the two countries affected by western sanctions

Vladimir Putin to meet with Iranian president in Turkmenistan

Since the start of the conflict in Ukraine, Russia has sought Iran's expertise in overcoming severe western sanctions

Xi of Arabia and the petroyuan drive

Xi Jinping has made an offer difficult for the Arabian Peninsula to ignore: China will be guaranteed buyers of your oil and gas, but we will pay in yuan.

Largest Russian business delegation arrives in Iran

More than 750 meetings will be held in a period of three days to strengthen economic ties between Russia and Iran

SCO summit strengthens Iran’s regional presence

The Russian Federation has been approaching Iran with new economic agreements and the purchase of Iranian drones, following greater isolation by the West due to the war in Ukraine

US, EU increase pressure on Turkey over Russia sanctions

The increase in pressure comes amid a boost in economic and energy cooperation between Moscow and Ankara

Russia, Turkey launch new economic ‘roadmap’

The Putin-Erdogan meeting in Sochi has rapidly accelerated Russian-Turkish economic initiatives and financial ties. These include bypassing western sanctions, integrating money transfers, and trading outside the dollar.

Russia in Africa: Connecting continents with soft power

Rather than continental, Russian and Chinese-led infrastructural development in Africa should be seen as part of a grander project of Afro-Asiatic integration

St. Petersburg sets the stage for the War of Economic Corridors

In St. Petersburg, the world's new powers gather to upend the US-concocted “rules-based order” and reconnect the globe their way

The Sanctioned Ones: How Iran-Russia are setting new rules

While China, keen to ward off US sanctions as long as possible, is lagging, its RIC partners Iran and Russia are doing the legwork to break the west's global financial grip.

Russia’s judo kick to the western financial gut

Washington's sanctions on Moscow will destroy Europe, not Russia