[Asian Clearing Union Summit held in Tehran, Iran: "de-dollarization" is the main topic. FIFA members held a summit in Tehran, the capital of Iran, to discuss the launch of a system comparable to the SWIFT system (the "Global Association of Banking and Financial Telecommunications"). The initiative demonstrates the desire of the Asian Clearing Union to join regional and international efforts, as well as the willingness to reduce the weight of the dollar in global trade. The report also said that Iran, India and other major members of the Asian Clearing Union have accelerated their efforts to de-dollarize their foreign trade, especially after the outbreak of the conflict between Russia and Ukraine, Russia was excluded from the SWIFT system.