Iran Russia

Tehran, Moscow mulling over recognition of MIR banking system

Iran’s ambassador to Russia says Tehran and Moscow are discussing the recognition of "MIR" interbank system.

Financial Markets

Iran private sector urges need for barter trade with Russia amid Ukraine war

Iranian private sector activists have underline the necessity of enhancement of barter trade with Russia as the country is in a war with neighboring Ukraine which have led to increasingly growing sanctions on Moscow.

Trade

Expert says sanctions on Moscow will facilitate Iran’s exports to Russia

A senior member of Iran Chamber of Commerce Industries, Mines and Agriculture (ICCIMA), said on Sunday that Western sanctions on Russia following the country’s war on Ukraine will pave the way for Iran’s exports to Russia.

Trade

Chairman of Russian-Iranian Business Council visits Iran Chamber

Chairman of Russian-Iranian Business Council Vladimir Obydenov visits Iran Chamber of Commerce, Industries, Mines, and Trade (ICCIMA) where he met with ICCIMA President Gholam Hossein Shafei on February 8, 2022.

Photo Gallery

Iran Chamber chief calls for forming joint chamber of commerce among EAEU members

President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Gholam Hossein Shafei on Tuesday stressed the need for forming a joint chamber of commerce among member countries of the Eurasian Economic Union (EAEU).

Iran Chamber

Russia earmarks €73 million for development of Iran’s Sirik Power Plant

The Russian Federal Treasury has allocated some €73 million to the development of Sirik Power Plant in southern Iran in 2022, according to an official familiar with the matter.

Energy

Iran in negotiations with China, Russia for construction of new airports

Managing-General of Iran Airports Company Siavash Mokri says Iran has engaged in talks with China and Russia for constructing new airports in the country.

Transportation

Russia allocates €5 billion in loans to joint projects with Iran

Russia is granting some €5 billion in loans to joint projects with the Islamic Republic of Iran, according to an official familiar with the matter.

Macro Economy

Tehran, Moscow eyeing $10 billion trade target

Iranian President Ebrahim Raisi said on Friday that the Islamic Republic and Russia have reached an agreement to boost the trade between the two countries up to $10 billion, IRNA reported.

Trade

Iran private sector calls for Russia’s active role in North-South Transport Corridor

Vice Chairman of Iran-Russia Joint Chamber of Commerce Jalil Jalalifar has urged the need for Russia’s more investment and more active partnership in the North-South Transport Corridor project.

Transportation