Three-year roadmap drawn up to resolve Iran-Russia financial exchanges

In a meeting in Tehran between a visiting Russian trade delegation and the members of Iran-Russia Joint Chamber of Commerce, the Russian side noted that a three-year roadmap has been drawn up to resolve financial exchanges between the two countries.

25 September 2021
ID : 33101
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In a meeting in Tehran between a visiting Russian trade delegation and the members of Iran-Russia Joint Chamber of Commerce, the Russian side noted that a three-year roadmap has been drawn up to resolve financial exchanges between the two countries.  

The Russian delegation, which came from Saratov Province, consisted of representatives from seven different companies.

The Russian companies are active in different fields, such as agricultural products and grain exports, fire safety systems, supply of outdoor sports equipment, logistics services including sea and rail transportation and containers.  

During their three-day stay in Iran, the Russian companies are scheduled to hold B2B meetings with Iranian companies to explore ways for exports and imports, and signing bilateral agreements as well.  

Speaking during the meeting, Chairman of Iran-Russia Joint Chamber of Commerce Hadi Tizhoush Taban referred to longstanding relations between the two countries, regretting that the level of bilateral trade is not satisfactory.

He expressed hope that the private sectors of both countries can help bolster trade between Iran and Russia.

He also pointed to the problem of issuing visas to Iranian businesspersons by the Russian government, noting that Iran expects serious resolve of the Russian side to find a solution to the issue.  

Meanwhile, Russia's trade representative in Iran Rustam Zhiganshin expressed hope that Iran and Russia will set up a trade club during the visit to Iran by the Russian delegation.

He said that the joint trade club would aim to identify and solve the problems of cooperation and trade exchanges between the two sides.

He accepted that the Iranian businesspersons have difficulty for receiving visa from the Russian side, vowing to make effort to solve the issue through negotiations with the embassy and that Russian government.

Expressing regret that Iran-Russia trade is lagging behind the existing capacities, Zhiganshin however said that bilateral trade between the two countries has grown by 42% over the past seven months.

He also said that Iran and Russia have drawn up a three-year roadmap which aims to resolve barriers to interbank exchanges between the two countries.

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