Head of Iran-Russia Joint Chamber of Commerce says by completing the transportation infrastructure in the trade of the two countries, the goals of the preferential trade agreement with the Eurasian Economic Union and membership in the BRICS group will be realized.

Iran and Russia have exchanged some 3.74 million tons of commodities worth $1.75 billion in the first Iranian calendar months to November 22, according to the head of the Islamic Republic of Iran Customs Administration (IRICA).

A remarkable increase in Irans trade exchanges with Eurasian states and the exports of agricultural products and high-tech services to Russia have yielded a positive trade balance with the Russian Federation, the Trade Promotion Organization of Iran said. In a Sunday meeting of the Iranian Administrations Economic Coordination Headquarters, chaired ...

Iranian Foreign Minister Hossein Amirabdollahian said on Wednesday that the development of cooperation in the North-South transit corridor is one of the significant priorities of the Islamic Republic of Iran, and the Rasht-Astara railway will be operational in the joint agreement. Amirabdollahian met and held talks today with his Russian counterpart,...

Iran and Russia may introduce major barter arrangements to facilitate trade between the two countries, including a plan that could allow Iran to import steel from Russia in return for exports of car parts and gas turbines to the country. Iranian trade and industries minister Reza Fatemi Amin said on Thursday that Iran will use barter trade with ...

Iran-Russia Trade Conference started at the venue of Russian Chamber of Commerce and Industry in Moscow on Thursday with the participation of representatives of more than 350 Iranian and Russian companies. In this prestigious conference, Iranian Ambassador to the Russian Federation Kazem Jalali, Head of Trade Promotion Organization of Iran (TPOI) ...

Russia and Iran enjoy enormous capacities to expand trade ties, which requires more serious banking interactions, an Iranian official said. Mohsen Kusheshtabar, caretaker of economic coordination department of the Ministry of Interior of the Islamic Republic of Iran, said in the fourth meeting of Iran-Russia economic and trade working group, which ...

Chairman of the Iran-Russia parliamentary friendship group says that Tehran and Moscow havereached good agreements in various fields. Ebrahim Rezaei told local media on Sunday that in the field of energy, the two sides agreed to cooperate in the development of Irans oil and natural gas fields. In the monetary and banking sector, Iran and Russia ...

Iranian President Raisi underlined the need for boosting the country's exports to Russia and further expansion of trade and economic ties. Addressing the Iranian traders residing in Russia, President Raisi stressed the need to reduce barriers to issuing export licenses, saying that Iran's share in the Russian market can definitely be improved. After ...

Russian Foreign Minister Sergei Lavrov said on Wednesday that the volume of trade between Iran and Russia has increased by 42% despite the US sanctions on Tehran. Lavrov made the remarks during a joint press conference with his Iranian counterpart Hossein Amirabdollahian after a meeting earlier in the day. He said that his Iranian counterpart ...

Minister of Agriculture of the Russian Federation, Dmitry Patrushev, and Iranian agriculture minister Kazem Khavazi emphasized the development of cooperation between the two countries in the field of agriculture. In this meeting, which was participated by Iran's Ambassador to Moscow Kazem Jalali, the two ministers announced their country's readiness ...

Irans customs office IRICA says Russia was responsible for a bulk of trade between Iran and members of the Eurasian Economic Union (EAEU) in the year to March 20. IRICA chief Mehdi Mir Ashrafi said on Wednesday that Irans trade with Russia had amounted to nearly $2.626 billion in value terms over the past calendar year. Mir Ashrafi said, however,...

IRNA - Iran's Ambassador to Moscow Kazem Jalali on Thursday called for seeking ways to facilitate the boosting of land, rail, and sea trade with Russia. Jalali made the remarks via a videoconference with senior Russian officials. "Needed steps must be taken to boost the export of non-oil goods," he said, adding, "The obstacles and problems ...

TASS - The coronavirus spread has not brought about any noticeable changes in bilateral cooperation in the sphere of civil nuclear power engineering, the Russian diplomat said. The Russian and Iranian sides stopped personal contacts at the highest level amid the coronavirus spread but stepped up telephone diplomacy, Russias Ambassador to Tehran ...

TASS - The Russian-Iranian trade turnover is rising despite the challenging external conditions, Deputy Foreign Minister Igor Morgulov said on Tuesday. "Despite the challenging external conditions, the Russian-Iranian trade turnover is rising. It increased to $2 bln last year," he said. "We hope that the temporary agreement, which is aimed at ...

TASS - Russia and Iran should develop bilateral trade turnover and protect mutual investments, Speaker of the State Duma, the lower house of the Russian parliament, Vyacheslav Volodin said on Monday at a meeting of the bilateral parliamentary commission. "It is necessary to create conditions, including legislative, to secure stable trade turnover ...

Financial Tribune - Commercial transactions in national currencies between Russia and Iran exceeded 50% in 2019, Moscow's commercial representative in Tehran, Rustam Zhiganshin, said. "While in 2018 payments in national currencies amounted to 40%, this figure has already exceeded 50% in 2019," Zhiganshin told Sputnik. The official stressed that ...

Tasnim Irans new ambassador to Russia, Kazem Jalali, said although there are close political relations between the two countries, the economic ties have not developed well. Tehran and Moscow should make a leap in economic relations because the two sides have great potentials, the Russian-language RIA Novosti quoted Jalali as saying on Wednesday....

Reuters - Iran has bought up to 1 million tonnes of wheat in recent weeks on international markets, trade sources said on Thursday. Origins for the purchase are expected to include Russia and some European Union countries, including Germany, they said. Two Panamax bulk carriers loaded with Russian wheat will be leaving a major Russian port for ...

Reuters - Iran has signed memorandums of understanding with Russia and Kazakhstan for the temporary importation of wheat, Deputy Agriculture Minister Ali Akbar Mehrfard told the official IRNA news agency. Given that the capacity of the flour factories of the country is double the domestic consumption needs, the temporary import of wheat for producing ...