18 Apr 2024
Thursday 28 April 2016 - 16:13
Story Code : 211678

Iran, Russia to sign 'green customs' deal in May

"Iran solemnly promises: well replace the whole of Turkey in the deliveries of perishable goods to Russia," Russias Federal Customs Service Chief says
SEVASTOPOL, April 28. /TASS/. Russia and Iran will sign an agreement in May on opening a green customs corridor, Russias Federal Customs Service Chief Andrei Belyaninov said on Thursday.

Russias customs chief made this statement at a conference on administration in the free economic zone in Crimea.

"Iran solemnly promises: well replace the whole of Turkey in the deliveries of perishable goods to Russia," he said. "Well go there [to Iran] in May to sign a green corridor deal," he added.

The customs green corridor simplifies customs procedures and helps expedite a whole number of formalities for customs clearance and document formalization.

Russian Energy Minister Alexander Novak who is co-chairman of the Russian-Iranian inter-governmental commission for trade and economic cooperation said earlier that Iran could supply fruits and vegetables worth no less than $1 billion to Russia annually.

Russia intends to buy pistachio nuts, dates and grapes. Russian trade chains have said they are ready to increase purchases of foodstuffs from Iran. Moreover, in some cases, they can replace the Turkish foodstuffs earlier banned by Russia.

According to Russias Agriculture Ministry, Russias exports to Iran accounted for 3.1% of its total agrarian exports in 2015 and in absolute figures these supplies totaled $484.4 million (based on the data of Russias Federal Customs Service). In terms of value, grain crops were Russias basic agricultural commodities supplied to Iran, including wheat and barley (91%), and also sunflower oil (5.1%).

In turn, supplies from Iran totaled 0.7% of Russias total agricultural and food imports in 2015 or $194.3 million (based on the data of the Federal Customs Service of Russia). Russia basically imported vegetables, fruits, dried fruit and nuts from Iran.

By TASS
https://theiranproject.com/vdcefz8wvjh8zpi.1kbj.html
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