Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al Mayadeen's correspondent: Iranian air defenses repel Israeli attack on military site in Shiraz.
Al Mayadeen's correspondent in Iran reports the activation of air defenses over Kashan.
IRGC: Operation to transport handmade bombs foiled in Gilan, north of Iran.
Al Mayadeen's correspondent: Iranian police says dismantled "electronic bomb" in west Tehran.
Israeli media: Drone explodes in Route 90 in Arraba after interception attempts failed.
Israeli media: A wave of drones since morning, with 10 drones infiltrating so far.
Israeli media: Drone still flying in Wadi Araba near Ramon Airport, south of Occupied Palestine, efforts to intercept it have failed.
Israeli media: Direct hit from drone on building in Beit She'an.
Israeli media: Sirens blare in Beit She'an in Jordan Valley, amid fears of drone infiltration, explosions heard.
Mansouri: Iran's defensive capabilities far exceeded Israeli entity's expectations.

Al Mayadeen info: EU to exempt companies from anti-Russia sanctions

  • By Al Mayadeen English
  • Source: Al Mayadeen Net
  • 19 Nov 2022 18:22
2 Min Read

UN Secretary-General Antonio Guterres informs Russian FM Sergey Lavrov of a plan to reconnect the Russian Agricultural Bank to the SWIFT system.

  • x
  • UN Secretary-General Antonio Guterres informed Russian Foreign Minister Sergey Lavrov on the sidelines of the G20 summit in Bali of a plan to reconnect the Russian Agricultural Bank to the global SWIFT system
    Reconnecting the Russian Agricultural Bank to the SWIFT system is planned.

Al Mayadeen information confirmed on Saturday that the European Union informed the United Nations, prior to the November 11 Geneva meeting between the UN team and the Russian Deputy Foreign Minister, Sergey Vershinin, that the Europeans agreed to exempt several companies from sanctions.

The information revealed that the UN is currently convincing these companies to cooperate with Russia, pointing out that UN Secretary-General Antonio Guterres informed Russian Foreign Minister Sergey Lavrov on the sidelines of the G20 summit in Bali of a plan to reconnect the Russian Agricultural Bank to the global SWIFT system.

Following the start of the war in Ukraine, Western countries announced comprehensive sanctions against Russia, which included depriving its major banks of benefiting from the SWIFT financial system for interbank transactions.

The information noted that the transfer of Russian returns will take place through US banks Citibank and JPMorgan Chase.

Related News

Russia’s central bank cuts interest rate in a first since 2022

DPRK's Kim vows to 'unconditionally support' Russia in Ukraine war

In mid-August, Russian Deputy Minister Alexander Pankin revealed that the Bank of Russia is actively developing the Financial Message Transmission System.

According to the Russian diplomat, Russia believes that a gradual shift from the SWIFT interbank payment system to more secure channels for sending financial information protected from external pressure is necessary.

"This is a forced, but completely natural decision in an environment where Russian banks and their clients regularly encounter problems with routine international payments," Pankin added.

"We are certain that not only Russia, but also other pragmatic states, of which there are many, are interested in the emergence of a truly unbiased and independent of Western countries' changing moods international payment infrastructure," the diplomat stressed.

On Friday, Hungarian Prime Minister Viktor Orban described the European Union's sanctions against Russia as "a step toward war," intensifying his criticism of Brussels' strategy that he considered "dangerous".

  • Moscow
  • Russia
  • United Nations
  • SWIFT
  • EU
  • European Union

Most Read

Bin Salman: Islamic world backs Iran in call to Pezeshkian

MBS says Islamic world backs Iran in call with Pezeshkian

  • MENA
  • 15 Jun 2025
Iran launches 9th wave of Op. True Promise 3, destroys IOF air defense

Iran launches 9th wave of Op. True Promise 3, destroys IOF air defense

  • MENA
  • 17 Jun 2025
Rescue team work at the site where a missile launched from Iran struck Tel Aviv, Israel, Monday, June 16, 2025 (AP)

Wave 12 of Operation True Promise 3 launched, Sejjil deployed: IRGC

  • Politics
  • 18 Jun 2025
Iran launches missile barrage to Tel Aviv, casualties reported

True Promise 3, wave 14: Tel Aviv targeted, casualties reported

  • Politics
  • 19 Jun 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
Israeli air defense system fires to intercept missiles during an Iranian attack over Tel Aviv, occupied Palestine, Thursday, June 19, 2025. (AP Photo/Leo Correa)
Politics

'Israel' risks running out of Arrow 3 interceptors within weeks: WSJ

This is the Voice of America building in Washington D.C., on Monday, May 5, 2025. (AP)
Politics

Trump enforces mass VOA layoffs, 600 employees terminated

Iranian protestors carry portrait of Leader Sayyed Ali Khamenei and anti-Israeli signs during a protest to condemn Israeli attacks on multiple cities across Iran, June 20, 2025. (AP)
Politics

Israeli aggression uniting Iranians, including opposition: NYT

AP
Politics

Erdogan at OIC: No to new Sykes-Picot drawn in blood

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS