Iran Russia

Iran exports to Russia up 36% in 2018

Tehran has been eyeing a bigger share of the Russian market by increasing its exports to the country which has led to a hike in their bilateral trade.


Russia to join INSTEX as ruble replaces dollar in Tehran-Moscow trade

The special purpose channel was launched late January as part of the European Union efforts to help Iran enjoy the economic dividends of the nuclear deal that’s been jeoperdised by the US walkout last May.


India, Russia agree to fast-track goods transit via Iran

India is eyeing a bigger role in Eurasia and Afghanistan and is looking at Iran to further increase its influence. Iran is the main route of the Interantional North South Transport Corridor (INSTC) that can help New Delhi achieve its goal.


Russia Power Machines Co. to finance Iran power plant project

The agreement comes in the face of renewed US sanctions on Iran that have targetted vital oil and and banking sectors.


Iran, Russia-led bloc move toward free trade

Following the US abandoning of the 2015 nuclead deal and revival of economic sanctions, Tehran has been seen eager to look East and expand ties with other regional powers like Russia, China and India.


Russian Chamber of Commerce president meets Iranian counterpart

Russian Chamber of Commerce President Sergei Katyrin discussed mutual trade with Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) President Gholam Hossein Shafei.

Photo Gallery

Iran eyes trade with Eurasia following US sanctions

Russia, Belarus, Kazakhstan, Kyrgyzstan and Armenia would be the new markets for Iranian goods after the Eurasian Economic Union gave the green light to the creation of a free trade zone with Iran.

Joint Chambers

US sanctions to help Iran, Russia boost trade: Iran Chamber president

Iran should make most of the current sanctions to look at its biggest northern neighbour, Russia, as well as Eurasia. This is the message that head of the Iranian private sector is trying to hammer home in meeting his Russian counterpart in Tehran.

Iran Chamber

EU3 to open dollarless trade with Iran: Russia

Russia’s Foreign Minister Sergei Lavrov says the three major European signatories to a landmark nuclear deal with Iran agreed to establish trade ties with Iran independent of the US dollar.

Financial Markets

Iran, Russia discuss boosting economic ties

Iran has proposed conducting a project with Russian Railways to electrify a 3,000-kilometer railroad that might cost up to €3 billion ($3.7 billion), the company’s First Deputy CEO Alexander Misharin said on Monday.

Iran Chamber