Moscow, May 24, IRNA � Iran's Ambassador to Moscow Mehdi Sanaei said on Tuesday that presidents of Iran and Russia are determined to broaden all-out relations and cooperation between the two countries.

He made the remarks in Conference on 'Iranian and Russian Business Ties'.

He said that the two countries enjoy the option to seize the opportunity to broaden scope of mutual cooperation.

The ambassador said that the presidents of Iran and Russia have made numerous decisions in this respect and helped resolve the obstacles accordingly.

Over 100 merchants and businessmen along with economic figures are involved in consultations in the Conference to help boost mutual economic cooperation.

The Conference is due to study the potentials in various economic fields as production, shipping, transport and distribution of goods and products and exploring the untapped potentials to put on the agenda for economic cooperation.

By IRNA