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Iran Russia

Iran’s Bileh Savar border exports head for Azerbaijan, Russia, Georgia

A total of 295,518 tons of goods were exported from Bileh Savar border crossing of the northwestern Ardabil Province during the first 11 months of the current Iranian year. The main export destinations were Azerbaijan, Russia and Georgia.

Trade

Iran’s exports to Russia at $800 million in 2020

Iran exported $800 million worth of commodities to Russia in 2020 to register a 105% increase compared with 2019.

Trade

Tehran, Moscow agree on joint production of Sputnik V in Iran

Iran and Russia agreed to jointly produce Russian COVID-19 Sputnik V vaccine in Iran, Iranian Ambassador to Russia Kazem Jalali announced Wednesday.

Society Economy

Iran to receive 2 million doses of Sputnik-V vaccine

Head of Iran’s Food and Drug Administration Mohammad Reza Shanehsaz says the country has purchased 2 million doses of Russia’s Sputnik-V COVID-19 vaccine, whose first shipment arrived in Iran on Thursday.

Society Economy

Aeroflot to resume Moscow-Tehran flights from Nov 18

Russian Airlines, commonly known as Aeroflot, has announced resumption of flights between Moscow and Tehran beginning on November 18.

Transportation

Iran, Russia discussing joint production of coronavirus vaccine

Iran and Russia’s Direct Investment Fund (RDIF), Russia’s sovereign wealth fund, have been discussing the joint production of a COVID-19 vaccine, according to Iran’s ambassador to Moscow.

Society Economy

Iran, Russia to launch shipping line in Caspian Sea

A permanent shipping line will be launched in the Caspian Sea with the aim of boosting marine trade between Iran and Russia, according to a member of the Iran-Russia Joint Chamber of Commerce.

Transportation

Iran ready to launch green corridor for trade with Russia: Envoy

Iranian Ambassador to Moscow has expressed Tehran’s readiness for creating a customs green corridor with Russia to resume bilateral trade.

Trade

Russia, Iran boost trade in national currencies

Commercial transactions in national currencies between Russia and Iran exceeded 50% in 2019, Moscow’s commercial representative in Tehran said.

Trade

Iran, Russia ditch SWIFT, creating their own banking messaging channel

The decision to create a separate banking messaging channel comes after the Society for Worldwide Interbank Financial Telecommunication, known as SWIFT, announced in November that it would sever ties with individual Iran-based banks for the sake of the "global stability of the system".

Financial Markets

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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