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Iran Russia

Moscow to host Iran products exhibition in September

An exclusive exhibition of Iranian goods is scheduled to be held in Moscow, Russia, on Sept. 7-10.

Trade

Iran eyes facilitating transit relations with CIS countries

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 Chamber

Iran’s TPO signs trade agreement with Business Russia

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.

Trade

Direct flight between Iran’s Rasht, Russia’s Astrakhan launched

A direct flight began operating between Iranian northern city of Rasht and Astrakhan in southern Russia on Sunday.

Transportation

Iran, Russia to ditch dollar from bilateral trade

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.

Trade

Iran eying tire exports to Russia, East Europe

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.

Mine and Industry

Tehran Stock Exchange launches trading in Iranian rial, Russian ruble

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.

Trade

Iran’s Bank Melli, Russia’s Sberbank sign MoUs to boost cooperation

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.

Financial Markets

First Russian rail cargo to India arrives in Iran

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).

Transportation

Iran, Russia to use national currencies in bilateral trade

The heads of the central banks of Iran and Russia agreed to replace the dollar with national currencies in mutual settlements and soon in all settlements between the countries, chairman of the Economic Committee of Iran’s Parliament Mohammadreza Pour-Ebrahimi said on Tuesday.

Trade

Iran Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.

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