The Hong Kong General chamber of commerce in Bank Melli Iran

Tuesday, May 24, 2016
Andrew R Wells, the chairman of Asia and Africa Committee of Hong Kong General Chamber of Commerce and a number of Chamber Members and China multinational companies held a meeting and dialogue with Dr. Abdolnaser Hemmati, the chairman and managing director of Bank Melli Iran.
During the meeting, Dr. Hemmati referred to post-sanction period and agreements made after 5+1 talks as grounds for establishing economic ties between the two countries, as well as briefly introducing BMI and active units of the bank overseas. He pointed out that BMI assumed an active role in the field of business ties between the two countries in the past via its branch in Hong Kong, and banks established in China, Hong Kong and Western countries should take measures to improve and facilitate banking relations with Iranian banks. He also pointed out to resuming the activity of Hong Kong Branch and taking relevant licenses on the part of BMI PLC London Branch in the near future. Highlighting development programs for Iran and China ties, Andrew Wells noted that this meeting sought to develop interactions with BMI in near future. He said: “Hong Kong is strategically important in the financial and commercial development of China”. He emphasized that the presence of companies with miscellaneous commercial background in the country and commercial ties with Iran cannot be accomplished unless the banks of two countries contribute to it, and taking precautions and refusing to establish ties with Iranian banks are devoid of rational reasons, so that the issue can be dealt with more optimistically. At the end, the clients present at the meeting asked questions that were replied by directors of foreign affairs of BMI.

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