The governors of the central banks of Iran and the Russia emphasized strengthening trade exchanges and using their national currencies in bilateral trade.
President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Gholam Hossein Shafei said that Iran and Russia have to expand their transportation infrastructures along with enhancement of bilateral trade.
President of Iran Chamber of Commerce Gholam Hossein Shafei and Deputy Head of the Government of the Republic of Mordovia Hayrullin Insaf Rashitovich, have explored ways for further enhancement of ties.
President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) said that Iran and Russia have targeted an annual trade of $40 billion which he believed is achievable considering the potentials of both countries.
President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) has urged the need for forming a joint Islamic market by the Organization of Islamic Cooperation (OIC) member states within ten years.
President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Gholam Hossein Shafei said on Thursday that the ICCIMA plans to open a trade office in Russia by the end of 2023.
Iranian Ambassador to Russia Kazem Jalali has said that Iran and Russia have begun pilot linking of their banking messaging systems and will finalize the scheme soon.
A high-ranking Russian delegation will travel to Iran next month to hold talks on expansion of bilateral ties on issues ranging from oil and gas to transportation.
A senior Iranian government official says the country may tap more funding from Russia and India for transport projects that could facilitate international cargo transit through the Iranian territory.
Iranian Ambassador to Moscow Kazem Jalali said that Tehran and Moscow are planning to complete three different routes of the strategically significant International North-South Transit Corridor (INSTC).