50% of Russo-Iran trade in national currencies
Financial Tribune – Commercial transactions in national currencies between Russia and Iran exceeded 50% in 2019, Moscow’s commercial representative in Tehran, Rustam…
Tag Archives: Iran-Russia trade
Envoy calls for leap in Iran-Russia bilateral trade
Tasnim – Iran’s new ambassador to Russia, Kazem Jalali, said although there are close political relations between the two countries, the economic…
Iran bought up to 1 mln tonnes of wheat in recent weeks
Reuters – Iran has bought up to 1 million tonnes of wheat in recent weeks on international markets, trade sources said on…
Iran signs wheat import MOUs with Russia, Kazakhstan: official
Reuters – Iran has signed memorandums of understanding with Russia and Kazakhstan for the temporary importation of wheat, Deputy Agriculture Minister Ali…
No restriction facing Iran-Russia trade: Bashkortostan deputy PM
MNA – Deputy Prime Minister of Russia’s Republic of Bashkortostan (known as Bashkiria) Andrey Nazarov said that there is no restriction facing…
Iran-Russia trade boosts 24.6% in 6 months: report
MNA – The value of trade between Iran and Russia increased 24.6 percent from January to July, 2019. The trade value between…
Russia eyes Iran’s Chabahar to transit goods
Tehran Times – Russia is seeking to use Iran’s Chabahar port in order to transit goods to other countries especially to the…
Kremlin doesn’t rule out collaboration on INSTEX payment mechanism for trade with Iran
Sputnik – Iranian Foreign Minister Mohammad Javad Zarif previously noted that the EU mechanism for bilateral transactions with Tehran bypassing US sanctions…
Russia to continue trade with Iran regardless of US sanctions against Tehran: envoy to EU
MNA – Russia will ignore US sanctions against Iran and continue to trade with Iran without creating any special mechanisms, Russian Permanent…
Russia could resume wheat exports to Iran soon: Novak
MNA – “Russia could resume wheat exports to Iran soon,” Energy Minister Alexander Novak announced on Tuesday. Iran used to be one…
Russia, Iran have potential to increase bilateral trade – Minister
Sputnik – Russian-Iranian trade exceeded $1.7 billion in 2018, but the two countries have the potential to increase this indicator, Russian Minister…
Moscow receives no purchase order from Iran for S-400 system: Russia
IRNA – Russian Deputy Prime Minister Yuri Borisov said on Friday that Moscow has not received any purchase order from Tehran for…
Iran, Russia able to increase trade volume exchange by $10bn annually
MNA – Islamic Republic of Iran and Russian Federation enjoy high capabilities to increase bilateral trade exchange volume by $10 billion. Chairman…
Iran, Russia review ways to widen economic relations
IRNA – Senior Iranian and Russian officials in a meeting here on Wednesday stressed the importance of strengthening bilateral cooperation in various…
Iran’s power grid to connect to Russia via Azerbaijan: energy min.
MNA – Iranian minister of energy Reza Ardakanian said Tue. that the country is mulling over plans to connect its power grid…
Iran-Russia’s $500mn trade ties can hike due to potentials: envoy
MNA – Iranian ambassador to Moscow, Mehdi Sanaei, said Iran and Russia’s economic relations have hit $500 million worth of trade, saying…
INSTEX launch to open up new opportunities for Russia, says deputy minister
TASS – The upcoming launch of INSTEX, the European mechanism of foreign trade settlements aimed at facilitating trade with Iran bypassing American…
Wood loading center of exporting to Iran to be constructed in Astrakhan
IRNA – Astrakhan province governor announced that the construction of a wood loading center for the export to Iran has begun in…
Iran-Russia trade balance grows in 2018
IRNA – The Russian Customs Organization released a report on its trade in 2018, according to which its trade balance with Iran…
Russia predicts increase in volume of cargo transportation from Iran
IRNA – Russia’s Minister of Economic Development Maxim Oreshkin says volume of cargo transit and transportation from Iran to Russia will increase…
Russia & Iran ditching dollar for trade in favor of national currencies – Moscow’s envoy to Tehran
RT – Moscow and Tehran have “essentially” turned away from the greenback in bilateral trade, and are using the ruble and rial…
Russia’s Rosneft quits Iran, $30B of potential joint investments
Oil Price – Russia’s largest oil producer Rosneft has decided to quit Iran and the possibility of US$30 billion worth of joint…
Iran, Russia-led bloc move toward free trade
Al-Monitor | Mohsen Shariatinia: Earlier this month, an interim agreement on free trade between Iran and the Eurasian Economic Union (EAEU) was…
Tehran, Moscow need to support private sector in sanctions era
IRNA – Chiefs of Iranian and Russian chambers of commerce stressed that the governments should extend backing to the private sectors under…
Energy min. arrives in Moscow to meet with Russian counterpart
MNA – Iranian Energy Minister Reza Ardakanian has arrived in the Russian capital city of Moscow to visit his counterpart and other…
Russia after 30% rise in trade with Iran
IRNA – Russia is trying to increase trade with Iran by 30 percent in a three-year period, said the head of the…
Russia to do business with Iran despite US sanctions: Spox
IRNA – Moscow is taking steps to minimize the adverse effect of the US’ sanctions on its relations with Iran, said the…
Washington fears Moscow may play spoiler to US energy-related sanctions against Tehran
RT – The White House has warned Russia over potential help to Iran in bypassing US sanctions by buying up crude from…
Iran-Russia non-oil trade up 81 pct in value from March to September
Xinhua — Iran and Russia traded 956,662 tons of non-oil commodities worth 751.38 million U.S. dollars during the first half of the…
Iran, Russia should start doing business with local currencies
MNA – Governor of Astrakhan Alexander Alexandrovich Zhilkin said that Iran and Russia should bolster their relationship and start doing business with…
Dollar is no longer suitable for mutual settlements
Vestnik Kavkaza – Russian Deputy Foreign Minister Sergei Ryabkov in an interview with International Affairs magazine on August 23 said “the time…
How US sanctions on Iran can help Russia win trade battle with European rivals
RT– Russian companies working in Iran have an advantage over European rivals – they are already under US sanctions, so they have…
Iran 3rd largest grain importer from Russia
Iran is the third largest grain importer from Russia after Egypt and Turkey. In 2014, the US was the world’s number one…
Major drop in Russian exports to Iran
Indications are growing that Russia’s trade with Iran have been on a decline over the past few months in what experts say…
Envoy: Iran, Russia to broaden trade cooperation
Moscow, May 25, IRNA – Iranian Ambassador to Russia announced that Iran and Russia have taken big steps forward and the important…
Czech, Russian trade missions to visit Tehran
Two trade delegations, one from the Czech Republic and another from Russia, are due to visit Iran on 17th and 19th April…
Iran signs $40Bln in trade deals with Russia during Moscow visit
Adviser to Iran’s supreme leader Ali Akbar Velayati said that the contracts between Russia and Iran concern the construction of the second…
Tehran-Moscow trade ties growing: Russian minister
TEHRAN (Tasnim) – The Russian trade minister said volume of bilateral trade between Tehran and Moscow is “steadily growing”. “The trade turnover…
Iran aviation firm decided to lease two Russian 100-seat superjets
Tehran, Sept 23, IRNA – Managing Director of Aviation Industries Organization Manouchehr Manteqi said on Wednesday that the Iranian delegation in Moscow…
Russia And Iran: Emergence of new nuclear alliance
“As things stand now, this topic is closed. We have reached full understanding on the matter together with our Iranian partners. The…