Iran, Russia underline development of economic cooperation

Chairman of of Iran-Russia Joint Economic Commission Mahmoud Vaezi and Minister of Energy of the Russian Federation Alexander Novak agreed to continue consultations for development of mutual economic cooperation. Vaezi who also serves as Iran’s Minister of Communications and Information Technology, is in the Russian cultural capital to attend the…

Iran, Russia ink roadmap for cooperation in energy sector

Iran’s Deputy Minister of Petroleum for International Affairs and Trading Amir-Hossein Zamaninia and Deputy Minister of Energy of the Russian Federation Kirill Molodtsov on Saturday inked roadmap for cooperation in energy sector. The roadmap for energy cooperation between Tehran and Moscow was signed in a meeting between Iran and Russia…

Report: Iran, Russia kick off project to construct power plant

Project underway to construct thermal power plant in Iran’s Bandar Abbas A new report says Iran and Russia have launched a project to construct a thermal power plant in southern part of the Islamic Republic. According to the Russian website, Sputnik the project was launched in the southern city of Bandar…

Iranian, Russian provinces to expand economic ties

Delegations from Russian Omsk province and Kohgiluyeh and Buyer-Ahmad agreed on Wednesday to expand economic relations. Governor General of the Russian Omsk province Viktor Nazarov said that exchange of visits by officials and economic activists of the two provinces are expanding and Russia is ready to bolster ties with Iran….

Russian banks race to front of queue to enter Iran’s banking sector

Russian banks are striving to be the first in line after the partial lifting of sanctions against Iran, Russian newspaper Izvestiya reported on Wednesday. In January the U.S. and EU announced the lifting of all economic and financial sanctions against the Islamic Republic associated with its nuclear program, enabling Tehran to access previously frozen assets, use international financial messaging services…

Iran, Russia underline boost of banking cooperation

The Vice Governor of Central Bank of Iran (CBI) Gholamali Kamyab and Vice Governor of Central Bank of Russian Federation Dmitry Skoblekin called for boost of banking relations. Iranian and Russian top banking officials met in Tehran on Thursday. Ground is prepared for promotion of banking ties between Iran and…

Russia interested in investment in Iran oil, gas projects

Russia is interested in investment in Iran’s oil and gas projects, Russian Energy Minister Alexander Novak said on Friday. He made the remarks in a joint press conference with Iranian co-chairman of Iran-Russia Joint Economic Cooperation Commission Mahmoud Vaezi. The Russian co-chairman of Iran-Russia Joint Economic Cooperation Commission said that…

Iran, Russia stress enhancement of all-out ties

Mahmoud Vaezi and Alexander Novak Iranian and Russian heads of the Iran-Russia Joint Economic Cooperation Commission in a meeting on Friday underlined promotion of all-out ties between the two states. During the meeting, Vaezi, who is also minister of communications and information technology, underlined the importance of upcoming meeting between…

A new canal from the Caspian Sea to the Persian Gulf !

A new canal from the Caspian Sea to the Persian Gulf ! Moscow and Tehran are holding talks on digging a ship canal from the Caspian Sea to the Persian Gulf, said Iranian Ambassador to Russia Mehdi Sanai, speaking to students in St. Petersburg. Any canal linking the two has…

Official: Tehran, Moscow set to promote economic ties

Visiting Deputy Economy Minister Mohammad Khazaei said the ground is properly prepared for expansion of economic relations between Iran and Russia. Talking to IRNA, Khazaei reiterated that he had discussed the ways for expansion of relations with Russian officials during the past two days. Pointing to his meeting with his…