TEHRAN – The third exclusive trade and industry exhibition of Iran in Russia is due to be held from December 7 to 9 at Astrakhan Star Sports and Entertainment Complex, the official website of Iran’s Trade Promotion Organization (TPO) announced.

The event will be held in collaboration with Iran’s Consulate General in Astrakhan and the chambers of commerce and industry of Astrakhan, Krasnodar, Rostov, Volgograd, Stavropol, Dagestan, Caucasus, Grozny and Cherkessk, and with the participation of state-run and private sectors, including companies, enterprises, manufacturers, exporters and businessmen from Iran and Russia.

The exhibition aims to develop commercial and trade relations between Iran and the Eurasian country, especially the southwest regions.

Construction, energy, food industry, irrigation and agriculture, wood industry, household appliances, insurance, banking, transportation and automotive, tourism, pharmaceuticals, medical equipment, engineering services and products are among the areas covered in the event.

With the lifting of sanctions, trade turnover between Moscow and Tehran has grown 70.9 percent in year-on-year terms, Russian Ambassador to Iran Levan Dzhagaryan said on August 12.

Since international sanctions against Iran were lifted, there has been a surge in interest from Russian firms in doing business in the country, the ambassador noted, adding the further expansion of trade is one of the main priorities of the bilateral cooperation with Iran. 

EF/MA