Russia will stop lending to all countries but Iran

Russia will not lend to other countries anymore, said Sergei Storchak, the Deputy Minister of Finance Monda, reports Vestifinance.ru. In 2015, Russia allocated 10 loans, including several to countries from the Eurasian Customs Union (Belarus, Kazakhstan, Armenia and Kyrgyzstan). In 2016 there will be no loans to any countries, with…

Iran interested in free trade zone with Eurasian Economic Union

Iran is interested in the introduction of a free trade regime with the EEU and considers that the establishment of closer ties with the union may become the basis for the development of economic cooperation of Iran with the association’s member countries, Iranian Ambassador to Russia Mehdi Sanaei said Thursday….

Mahan Air flight to Moscow

Iranian private airline Mahan Air will launch direct flights to Moscow from next week, Iran’s Ambassador to Russia Mehdi Sanaei said. On January 21 Mahan Air will launch direct flights between Moscow and Tehran with a frequency of one flight per week, Sanaei said in a Russian-language blog post on…

Russia, Iran to negotiate joint venture investment in food trade

Iran is ready to cooperate with Russia on joint venture investment in seafood industry and trade. The Federal Agency for Fishery (Rosrybolovstvo) said that Russian Minister of Agriculture of the Russian Federation Alexander Tkachev in his talks with Iranian Minister of Agricultural Jihad in Tehran reviewed ways to develop joint…

500 truck-loads of Iranian food and fruits exported to Russia last week

Head of Tehran Chamber of Commerce Masoud Khansari said on Tuesday that 500 truck-loads of Iranian food products and fruits were exported to Russia over the past week. The Ministry of Agricultural Jihad has proved that it is working with the private sector to clear hurdles before expansion of relations…