Russia, Iran agree to increase trade to $200 billion

Click here: IINA – Russia, Iran agree to increase trade to $200 billion

Russia and Iran agreed to increase bilateral trade and economic exchanges to $200 billion by the next decade. The agreement was reached during the meeting between the visiting Russian President Vladimir Putin and his Iranian counterpart Mahmoud Ahmadinejad. Putin, who arrived here yesterday on a historic visit, held separate talks with Iran’s Supreme Leader Ayatollah Ali Khamenei.

… During the meeting with Ahmadinejad, President Putin voiced his country’s determination to complete the plant and to supply its fuel. Putin stressed that Moscow will not be influenced by diplomatic pressures by the West and therefore will complete the plan. He also reiterated that promotion of Iran-Russia relations would help establish global peace and stability. Putin further voiced his country’s readiness to make joint investments with Iran in the areas of oil and gas, and called for expansion of bilateral cooperation in the field of science and technology. Referring to Putin’s visit to Tehran as a milestone in the two countries bilateral relations, Ahmadinejad stressed that expansion of Tehran-Moscow cooperation particularly in the area of energy would guarantee the two countries political and economic interests.


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