Today's note:
Haft Koen's foreign trade; Juan VII.
How can foreign trade be made safer and less expensive by combining banking methods, currency markets, digital real and exchanges?
Dr. Daoud Danshjafri; member of the academic staff of Alma Tabatbai University.
The sustainable development of Iran's foreign trade faces challenges such as payment, transfer and exchange rate risks and sanctions.
Examining different tools shows that none of the methods alone can solve all problems; Therefore, it is necessary to create an "integrated system" that uses the capabilities of different methods in a complementary way.
This proposed system includes five main parts: a foreign trade registration system, a market for valid export certificates, a multi-currency market, settlement infrastructure (including digital real and a banking network) and currency liquidity management through exchange lines.
In this framework, the exporter and importer benefit from the security of the transaction and the supply of safe currency, and the central bank also monitors the circulation of resources without accepting unlimited commitments.
The success of this plan requires gradual implementation and fundamental reforms in local regulation to reduce exchange costs and strengthen economic stability.
Full text.
The official channel of Donya Akhtaz newspaper.