‘I will travel to Tehran as head of Russia-Iran Joint Economic Commission in a bid to broaden economic and trade cooperation between the two countries in March,’ Novak told FNA on Thursday.

Minister Novak, co-chair of the Russian-Iranian Intergovernmental Committee on trade and economic cooperation, said last year he met with the Iranian co-chair of the agency during his visit to Tehran.

‘Today we outlined the directions for development of our cooperation and those projects which will be discussed soon to make sure they develop. I hope that in these two days we shall get a positive result and maybe tomorrow, summing everything up, we would be able to talk about… specific contracts,’ Novak said.

According to the Russian minister, the sides discussed Iranian energy development issues.

Russian President Vladimir Putin said in September that Russia was highly satisfied with the progress in cooperation with Iran in various areas, including the fight against terrorism and projects in peaceful nuclear energy.