Iran runs positive trade balance with Russia
A remarkable increase in Iran’s trade exchanges with Eurasian states and the exports of agricultural products and high-tech services to Russia have…
Tag Archives: Iran-Russia trade
Amirabdollahian: Rasht-Astara railway to be operational in joint agreement
Iranian Foreign Minister Hossein Amirabdollahian said on Wednesday that the development of cooperation in the North-South transit corridor is one of the…
Iran may barter car parts, gas turbines for Russia’s steel: Minister
Iran and Russia may introduce major barter arrangements to facilitate trade between the two countries, including a plan that could allow Iran…
Iran-Russia Trade Conference kicked off in Moscow
Iran-Russia Trade Conference started at the venue of Russian Chamber of Commerce and Industry in Moscow on Thursday with the participation of…
Enhancement of Russia-Iran banking interactions emphasized
Russia and Iran enjoy enormous capacities to expand trade ties, which requires more serious banking interactions, an Iranian official said. Mohsen Kusheshtabar,…
Iran, Russia to ditch dollar in bilateral trade
Chairman of the Iran-Russia parliamentary friendship group says that Tehran and Moscow have reached good agreements in various fields. Ebrahim Rezaei told local…
President Raisi calls for increasing iran’s share in russian market
Iranian President Raisi underlined the need for boosting the country’s exports to Russia and further expansion of trade and economic ties. Addressing…
Iran-Russia trade rallies by 42% despite US sanctions on Tehran: Lavrov
Russian Foreign Minister Sergei Lavrov said on Wednesday that the volume of trade between Iran and Russia has increased by 42% despite…
Tehran, Moscow call for joint investment in agriculture
Minister of Agriculture of the Russian Federation, Dmitry Patrushev, and Iranian agriculture minister Kazem Khavazi emphasized the development of cooperation between the…
Iran-Russia trade at $2.62bn in year to March: IRICA
Iran’s customs office IRICA says Russia was responsible for a bulk of trade between Iran and members of the Eurasian Economic Union…
Iran seeking to speed up land, sea trade with Russia, envoy says
IRNA – Iran’s Ambassador to Moscow Kazem Jalali on Thursday called for seeking ways to facilitate the boosting of land, rail, and…
Russia, Iran step up telephone diplomacy amid pandemic, says envoy
TASS – The coronavirus spread has not brought about any noticeable changes in bilateral cooperation in the sphere of civil nuclear power…
Russian-Iranian trade turnover rising despite challenging external conditions
TASS – The Russian-Iranian trade turnover is rising despite the challenging external conditions, Deputy Foreign Minister Igor Morgulov said on Tuesday. “Despite…
Russia, Iran to develop trade turnover, protect mutual investments
TASS – Russia and Iran should develop bilateral trade turnover and protect mutual investments, Speaker of the State Duma, the lower house…
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…
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…