Iranian, Russian Officials Discuss Expansion of Industrial Cooperation

TEHRAN (Tasnim) – Iran’s envoy to Russia in a meeting with Russian deputy minister of industry and trade explored avenues for the expansion of mutual cooperation between the two countries’ public and private sectors in industrial and trade fields.

Iranian, Russian Officials Discuss Expansion of Industrial Cooperation

During the meeting, Mehdi Sanaei voiced the Iranian governmental and private sectors' preparedness to cooperate with the Russian firms in importing and exporting industrial products.

Aleksey Rahmonov, the Russian deputy minister of industry and trade, too, urged further expansion of mutual industrial and economic cooperation between the two sides given the two countries' existing capacities.

Rahmanov also expressed Moscow’s readiness to boost trade ties with Iran in heavy industries, including metallurgy and refinery as well as gas and mining equipment.

In addition to their trade and cooperation in hydrocarbons, Iran and Russia have also expanded trade ties in many non-energy sectors of the economy, including a large agriculture agreement in January 2009 and a telecommunications contract in December 2008.

In July 2010, Iran and Russia signed an agreement to increase their cooperation in developing their energy sectors.

Trade relations between the two countries has steadily increased in recent year, and includes imports and exports of motor vehicles, fruits, vegetables, glass, textiles, plastics, chemicals, hand-woven carpet, stone and plaster products among the main Iranian non-oil goods exported to Russia.

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