Official: Iran, Russia Increase Trade 48 Percent
13:00 - June 23, 2024

Official: Iran, Russia Increase Trade 48 Percent

TEHRAN (ANA)- Russian Deputy Prime Minister Alexander Novak announced that the volume of bilateral trade ties between Tehran and Moscow has increased by 48% in the first three months of 2024 compared to the same period last year.
News ID : 6297

Novak announced the news in Moscow during his meeting with Iranian Oil Minister Javad Owji who is also the head of the Iranian side of Iran-Russia Economic Cooperation Joint Commission.

He added that Russia’s exports to Iran rose by 77% in the said period while imports went up by 13%.

Novak expressed satisfaction with launching direct flights between Tehran and Grozny, the capital of the republic of Chechnya, saying, “I am sure that launching these flights will provide enough incentive for tourists to travel between Iran and the North Caucasus region.”

In a relevant development in November and on a visit to Russia, Iranian Vice-President for Science, Technology and Knowledge-Based Economy, Rouhollah Dehghani Firouzabadi held a meeting with the Denis Manturov, Deputy Prime Minister and Minister of Industry and Trade of the Russian Federation.

In the meeting, Firouzabadi and Manturov exchanged views on the fields of cooperation between the two countries in various fields of technology.

Kazem Jalali, Iran's ambassador to Moscow and Andrei Fursenko, an Aide to the President of the Russian Federation were also attending the meeting, where Manturov stressed the need for expanding bilateral cooperation and pointed to automotive industry, auto parts and spare parts, aircraft manufacturing, medicine and medical equipment as the areas of interest for cooperation between the two countries.

Dehghani Firouzabadi, for his part, assessed Russia as a prominent country in various fields and considered the oppressive sanctions as laying the ground for Iran's progress, especially in the technology and knowledge-based areas.

Iran’s scientific vice-president also declared Tehran's readiness to cooperate in various fields, including health and hygiene, knowledge-based equipment, environment and healthy and sustainable food, energy and the field of transportation in the shipbuilding, automobile and aircraft areas.

At the end of the meeting, the two sides agreed to follow up on the areas of mutual interest as soon as possible by creating specialized working groups in different departments.



Tags: Iran Russia trade
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