Iranian goods need to be exported to Russia in wholesale network

Jalil Jalalifar, a member of Iran-Russia Joint Chamber of Commerce, says Iranian goods need to be exported to Russia in a network of wholesale market to cut down on their prices and increase their competitiveness.

Trading house: Russian, Ukrainian INSTEX for trade with Iran

Ukrainian and Russian officials have separately called for the establishment of a trading house between their respective countries and Iran. A trading house could have various purposes but what Ukraine is proposing is much like Europe’s INSTEX to facilitate bilateral trade in the wake of US sanctions.

Russia wants in on INSTEX

Kremlin has thrown its weight behind the EU’s efforts to boost trade with Iran in the wake of US sanctions. Brussels says it will bring the mechanism online before other members can join it.

First Caspian Sea economic forum to develop economic ties between littoral states

Turkmen Ambassador to Iran Ahmed Gurbanov says the upcoming first Caspian Sea littoral states economic forum is supposed to improve the economic cooperation perspectives between the five countries that share Caspian Sea: Iran, Azerbaijan, Turkmenistan, Russia and Kazakhstan.

Russia, Iran to continue good ties despite US sanctions: Volgograd official

Director of the export support centre in Russia’s Volgograd region believes the US sanctions won’t hurt Iran-Russia ties as the two countries have always been having good relations.

Russian Engineering Union official calls for creation of trading house with Iran

Aleksandr Buyda, director of Russian Engineering Union in the Volgograd region, says it’s necessary to set up a trading house between Iran and Russia to better facilitate bilateral trade.

Iran seeking monetary pacts with regional countries: FM Zarif

Iranian Foreign Minister Mohammad Javad Zarif says his country is in talks with several regional countries to do business in national currencies.

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‘Import, export and joint ventures, main strategies for Russia-Iran trade boost’

Vadim Tkachenko, president of Volgograd Chamber of Commerce and Industry, that lead a large business delegation to Iran, says there are large areas of cooperation between Russia and Iran such as import and exports as well as joint venture.

Russia to lend Iran a hand for exporting oil: Report

Russia says it is willing to step in to help Iran export its oil while the country is struggling to keep the oil flowing while pressured by sanctions levied by the United States.

Long-time political allies, Iran and Russia move to consolidate economic ties

Iran and Russia have long been allies during their long histories but their bilateral trade volume doesn’t speak much for their political proximity. Now, with the US pressures and Europe’s inactivity, Tehran is looking East to revive old regional allies.