Iran, Russia launch new transport projects to boost trade

TEHRAN – Iran and Russia have initiated the implementation of two major transit-logistics projects aimed at enhancing trade routes and reducing cargo transport times. The projects include the Ulyanovsk-Astara rail corridor and the Volga-Caspian Sea river route, which are expected to cut delivery times from 21 days to seven.

Putin praises strengthening economic ties with Iran

TEHRAN – Russian President Vladimir Putin has highlighted the stability and reliability of trade and economic relations with Iran, expressing optimism about further growth in bilateral trade volumes.

Iran, Russia determined to develop ties at maximum level: VP

TEHRAN - Iranian Vice President Mohammad-Reza Aref has announced Tehran and Moscow's strong determination to strengthen bilateral relations to the maximum level, Shana reported.

Tehran, Moscow call for strengthening economic ties

TEHRAN - Iran's Minister of Finance and Economic Affairs Abdolnasser Hemmati and Russia's Minister of Economic Development Maxim Reshetnikov have called for strengthening economic ties between the two countries.

Iran, Russia discuss expansion of ties in car industry

TEHRAN – A group of manufacturers from Iran and Russia have discussed ways to strengthen exchanges in the spare parts and automotive manufacturing sectors in a meeting on the sidelines of the MIMS Automobility Moscow 2024, IRNA reported.

Russia ready to invest in Iran’s northern port

TEHRAN- A group of entrepreneurs from Russia visited Amirabad port, in Iran’s northern Mazandaran province, on Saturday to invest in the production of oil products.

Iran, Russia ink monetary agreement

TEHRAN - Governor of the Central Bank of Iran (CBI) Mohammadreza Farzin said a monetary contract has been signed between Tehran and Moscow for carrying out bilateral trade exchanges.

Tehran-Moscow strategic co-op. deal on final stage: Russian envoy

TEHRAN - The Ambassador of the Russian Federation to Iran has announced that Tehran and Moscow are finalizing their strategic cooperation treaty.

Iran, Russia universities agree on joint work for de-dollarization

TEHRAN - Presidents of Imam Hossein University (AS) and Plekhanov University of Economics of Russia signed a memorandum of cooperation and agreed to work together in the field of de-dollarization.

Russia says trade exchanges with Iran increased by 48% in Q1

TEHRAN - Deputy Prime Minister of the Russian Federation Alexander Novak has said that the volume of trade between Russia and Iran increased by 48 percent in the first three months of 2024 compared to the same period last year.

Russia, Iran continuing work on cooperation agreement: Kremlin

TEHRAN - Moscow and Tehran are continuing their work on a comprehensive bilateral cooperation agreement, although the schedule of specific events may shift, Kremlin spokesman Dmitry Peskov said on Tuesday.

ICCIMA hosts Iran-Russia business forum

TEHRAN - Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) hosted an Iran-Russia business forum on Monday, the ICCIMA portal reported.

Iran’s annual exports to Russia rises 26%

TEHRAN - The value of Iran’s exports to Russia rose 26 percent in the past Iranian calendar year (ended on March 19), as compared to the preceding year, an official with Iran’s Trade Promotion Organization (TPO) said.

Iran, Russia ink several co-op MOUs to wrap up 17th Joint Economic Commission

TEHRAN – Iran and Russia signed several memorandums of understanding (MOUs) to cooperate in various sectors at the end of the two countries' 17th Joint Economic Committee meeting which was held in Tehran during February 26-28.

Tehran to host 17th Iran-Russia Joint Economic Committee meeting

TEHRAN – The 17th Iran-Russia Joint Economic Committee meeting is going to be held in Tehran in the current Iranian calendar month (ends on March 19), Shana reported.

Russia allocates 6.5b-ruble credit line to Iran to expand banking ties

TEHRAN- Russia allocated a credit line worth 6.5 billion rubles to Iran during the visit of Central Bank of Iran (CBI) Governor Mohammad-Reza Farzin to Moscow, the CBI portal published.

Iran-Russia 9-month trade up 30%

TEHRAN - The vice president of VTB Bank, which is the second largest bank in the Russian Federation and possesses a branch in Tehran, has declared that trade exchanges between the two countries increased by 30 percent in the first nine months of the current year.

Tariffs on Russian trades to go zero by late March 2024

TEHRAN - Tariffs on different goods being traded between Iran and the Russian Federation are going to become zero by the end of the current Iranian calendar year (late March 2024), an official with the Iran-Russia Joint Chamber of Commerce said.

Russian trade delegation to visit Tehran pursuing expansion of ties

TEHRAN – A delegation comprising 42 representatives from the Russian Export Center JSC (REC) member companies is going to visit Iran to meet and hold talks with their Iranian counterparts and explore avenues of cooperation.

Iranian private sector explores ways of facilitating trade with Russia

TEHRAN – In a meeting between the board members of the Iran-Russia Joint Chamber of Commerce and Russian Ambassador to Tehran Alexey Dedov the two sides explored ways of facilitating mutual business exchanges.

By Ebrahim Fallahi

Iranian firms double presence in Russia’s trade fairs

TEHRAN - A Russian official has announced that the number of Iranian companies attending business and trade exhibitions in Moscow has doubled during the first five months of 2023 compared to the same period last year.

ICCIMA head calls for developing infrastructure to boost Iran-Russia trade

TEHRAN – Head of the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Gholam-Hossein Shafeie has called for the development of infrastructure along with the strengthening of the trade between Iran and Russia, the ICCIMA portal reported.

Iran, Russia ink agreement on completing Rasht-Astara railway

TEHRAN - An agreement for the construction of Iran’s Rasht-Astara railway was signed on Wednesday between the Islamic Republic of Iran and Russia in a ceremony attended by the presidents of the two countries via video conference.

Iran, Russia boosting economic cooperation

TEHRAN – Iran and Russia have been boosting their economic ties as the two sanctioned nations take new steps for expanding cooperation in the energy sector and increasing settlements in national currencies.