Iranian President Seyed Ebrahim Rayeesi said on Tuesday that Tehran and Jakarta have agreed to strengthen and expand economic relations and start trading in their national currencies in a bid to end the US dollar monopoly.
Rayeesi made the remarks in a joint press conference with his Indonesian counterpart Joko Widodo in Jakarta on Tuesday.
Iran's president, who is on an official visit to Indonesia at the head of a high-ranking politico-economic delegation, stated that Tehran and Jakarta have set a goal to promote the value of their trade to $20 billion.
He stressed that the both sides are resolute on promoting exchanges using national currencies in order to set aside the US dollar.
Several countries have stressed that they no longer have trust in the US currency because it has become an unreliable financial instrument.
The Iranian chief executive added that the signing of different documents for bilateral cooperation in various sectors reaffirms both sides' will to develop relations in all fields.
In the presence of Raeisi and Widodo, senior officials of Iran and Indonesia signed 11 documents to boost cooperation in preferential trade, cancellation of visas, cultural exchanges, supervision over the pharmaceutical products, science and technology as well as oil and gas.
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