An Iranian finance ministry (MEFA) official says the country is in very advanced stage of talks to join Russia’s Mir payment system.
An exclusive exhibition of Iranian goods is scheduled to be held in Moscow, Russia, on Sept. 7-10.
In a meeting of Iranian private sector representatives and a joint delegation from Russia and Tajikistan, ways for facilitating transit between Iran and Commonwealth and Independent States (CIS) were discussed.
Iran’s Trade Promotion Organization (TPO) on Wednesday signed a memorandum of understanding (MoU) with the Russian trade association Business Russia to expand trade ties between the two countries.
A direct flight began operating between Iranian northern city of Rasht and Astrakhan in southern Russia on Sunday.
Iran and Russia have begun to take some small – but potentially significant – steps towards removing the U.S. dollar from their bilateral trade, with the launch of a settlement system using their own currencies.
Iranian tire producers are making efforts to export their products to East Europe and Russia, according to the director of Iran’s Tire Industry Guild Association.
Iran’s Tehran Stock Exchange on Tuesday launched trading in Iranian rial and Russian ruble, Turkish Anadolu Agency reported citing reports by Iran’s official IRNA news agency.
Iran’s largest lender Bank Melli has signed some major memoranda of understanding (MoUs) with Russia’s largest bank, Sberbank, amid efforts by Iran and Russia to boost their banking and trade ties.
The first rail transit cargo from Russia to India arrived in Iran on Tuesday through the Sarakhs border crossing to officially launch the eastern section of the International North-South Transit Corridor (INSTC).