Iran Russia

Iran eyes barter trade of car parts, gas turbines for Russia’s steel

Iran and Russia may introduce major barter arrangements to facilitate trade between the two countries, including a plan that could allow Iran to import steel from Russia in return for exports of car parts and gas turbines to the country.

Trade

Iran seeking $40bn annual trade with Russia

Iranian Petroleum Minister Javad Owji said that Iran wants to bring its annual trade ties with Russia to $40 billion.

Trade

Iran, Russia sign major cooperation documents to boost energy, banking ties

Iran and Russia have signed three major memoranda of understanding (MoU) to expand energy and banking ties, says Iran’s Oil Minister Javad Owji.

Energy

Russians set to start developing two Iranian oilfields

Russians will soon start “executive operations” on developing two oilfields in Iran, Managing Director of the National Iranian Oil Company (NIOC) Mohsen Khojasteh-Mehr said.

Energy

First ro-ro ship docks at Iran’s Noshahr port after 21 years

A giant ro-ro ship which is reportedly carrying a cargo for the United Arab Emirates has docked at the northern Iranian port of Noshahr.

Transportation

Iran, Russia sign comprehensive transportation agreement

Iranian Minister of Road and Urban Development Rostam Qasemi and his Russian counterpart Vitaly Savelyev signed a comprehensive agreement on Friday on different transportation areas.

Transportation

Iranian minister in Moscow for transportation agreements

Iranian Minister of Road and Urban Development Rostam Qassemi left Tehran for Moscow on Tuesday night for transportation discussions.

Transportation

Russia, Iran hold business forum in Moscow to expand ties

Russia has hosted a business forum attended by a large Iranian delegation as the two countries seek to expand their trade and economic cooperation.

Trade

Iran eager to trade with Russia in national currencies

Iran would like to conduct trade with Russia using the two countries’ national currencies - the ruble and the rial - and agreements on this matter already exist, Iranian Central Bank Vice Governor Mohsen Karimi has said.

Trade

Iran private sector eyes boosting presence in Russia’s market amid sanctions

A senior member of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Amir Abedi says that as the war between Russia and Ukraine continues, Iran needs to make careful planning to respond to the needs of the Russian and Eurasian markets.

Trade