In late January, Iran’s late President Ebrahim Raisi mentioned the Iranian and Russian governments had reached an settlement to develop commerce between the 2 international locations by as much as $10 billion.
“We have agreed to take away commerce obstacles and promote financial exchanges between our international locations. The present degree of mutual commerce is unacceptable, so our two international locations have agreed to extend commerce to $10 billion a yr.” mentioned Raisi on January 21, upon arriving in Tehran after a two-day go to to Moscow.
He additionally famous that the 2 international locations additionally mentioned monetary and banking points through the assembly with Russian officers.
The two international locations additionally agreed to determine areas appropriate for mutual change of agricultural capabilities and agricultural merchandise to extend commerce ranges within the agricultural sector, the official mentioned.
He went on to say that the Islamic Republic of Iran has excellent capabilities within the subject of transportation and transportation, including, “During this go to, it was agreed to revitalize the North-South Corridor. This transportation route. This will considerably scale back the time and distance for transporting items from Russia and the northern international locations to the southern areas.”
Meanwhile, at a gathering between Iran’s Minister of Finance and Economy Abdulnasser Hemmati and Russian Minister of Economic Development Maksym Reshetnikov on September 30, they referred to as for stronger financial ties between the 2 international locations.
Mr. Hemmati met with Mr. Reshetnikov on the time on the sidelines of talks between high-level Iranian and Russian delegations and held talks.
Foreign Minister Reshetnikov referred to the enlargement of commerce between Iran and Eurasian Economic Union member states and expressed hope that this course of will additional speed up.
During the talks, the 2 sides mentioned customs points, Russian investments within the oil trade, the progress of the Rasht-Astara railway, the North-South Corridor, insurance coverage for truckers, commerce foreign money settlements, strengthening the Eurasian Economic Union, and different financial points. . points between the 2 international locations.
On the identical day, Iranian President Masoud Pezeshkian mentioned the deal that turns Iran right into a regional transportation and gasoline hub is a primary instance of cooperation between Tehran and Moscow.
“We imagine that if necessary joint tasks between Iran and Russia are applied, they may create vital capabilities for each international locations to counter merciless sanctions,” Pezeshkian mentioned throughout a gathering with visiting Russian Prime Minister Mikhail Mishustin. “There is,” he mentioned.
The President burdened that Iran-Russia partnership not solely serves the pursuits of each international locations, but additionally promotes sustainable growth, financial progress and integration within the area.
Mr. Pezeshkian referred to as for efforts from either side to make sure the implementation of joint tasks.
He identified that regional cooperation by means of worldwide organizations akin to BRICS and the Shanghai Cooperation Organization (SCO) will strengthen the efforts of impartial international locations, together with Iran, Russia and China, to withstand US unilateralism.
In response, the Russian Prime Minister reiterated Russia’s need to strengthen and develop exchanges with Iran, particularly within the fields of power, trade, transport, agriculture, medication and tradition.