Sputnik News- The volume of bilateral trade between Iran and Russia may reach $10 billion in three years, Iranian Ambassador to Russia Mehdi Sanaei said Tuesday.

In 2016, the mutual trade turnover increased by�80 percent and amounted to�over $2 billion, according to�the head of�the second Asian department of�Russia�s Foreign Ministry. The two states are actively cooperating in�energy, defense and agriculture spheres, among�others.

"The growth of�Iran's trade relations with�Russia was the biggest last year in�comparison with�any other country� It seems to�me that this trend will continue, and we will reach a considerable trade of $10 billion in�the coming two or three years," Sanaei said at�the round�table organized by�Rossiya Segodnya International Information Agency.

On Monday, Iranian Communications and Information Technology Minister Mahmoud Vaezi said that the road map toward�the development of�cooperation between�Iran and Russia in�the medium and long-term perspective may be signed during�the upcoming visit of�Iranian President Hassan Rouhani to�Russia in�late March.

According to�Vaezi, Iran and Russia are seeking to�develop relations in�all spheres, including political, economic, cultural and diplomatic cooperation between�the countries' regions.