Iran-Russia Relations

On May 17, Iran and Russia officially signed an agreement for the construction of the Rasht-Astara railroad (Kremlin.ru, May 17). 

Iran and Russia have firm intentions for long-term cooperation in the petrochemical sector for unleashing shared potentials.

Iran and Russia will prepare a general contract on the construction of Rasht-Astara railroad in Iran in the coming months, which is part of the International North-South Transportation Corridor…

The Governor of the Bank of Russia Elvira Nabiullina is due to arrive in Tehran today. 

Trade between Iran and Russia fluctuated wildly in the three decades after the Soviet Union collapsed in 1991.  It plummeted by 65% between 2010 and 2015 during the UN sanctions on Iran,…

A railroad connecting Rasht and Astara in Iran, which should become part of the International North-South Transportation Corridor, will be built by the end of 2027, Russian First Deputy Prime…

Iran and Russia have signed an agreement for enhancement of tourism cooperation. The agreement was signed on Friday by Iran’s Deputy Minister of Cultural Heritage, Handicrafts and Tourism Ali-…

Commercial banks are planning to open offices and branches in Russia, a deputy governor of the Central Bank of Iran says. 

Iran and Russia have signed an agreement to complete the construction of the missing rail link along the International North-South Transportation Corridor.

Direct flights between Tehran and Saint Petersburg are scheduled to be operated from June 1 by Nordwind Airlines. According to Nordwind’s announcement in its Telegram account, these flights are…

Iran on Monday attended a four-party meeting at the level of deputy foreign ministers in Moscow to help normalize relations between Ankara and Damascus.  The consultations were expected to…

Russia and Iran continue to work on the integration of Russia's Mir payment system with Iran's Shetab through specialized agencies, the director of the Economic Cooperation Department of the…

The European Union's sanctions against Russia, following its invasion of Ukraine, have turned out to be a blessing in disguise for Iranian gas turbine manufacturers not only to share their…

Russia and Iran are cooperating in banking and are planning to ramp up the share of national currencies in mutual settlements, Russian deputy foreign minister, Andrei Rudenko, said.

Ever since the government of President Ebrahim Raisi took office in August 2021, Russia has made the biggest volume of investment in Iran, according to deputy economy minister Ali Fekri.

The central banks of Iran and Russia Sunday signed a deal to connect their national interbank communication and transfer systems to help boost trade and ease two-way bank transactions.

Trade turnover between Russia and Iran during January-October surpassed trade volumes during the whole of 2021 and totaled $4 billion, Izvestia wrote with reference to figures provided by the…

Operations to synchronize the electricity grids of Iran and Russia have been conducted successfully and the two states will start exchange exchange soon.

President Ebrahim Raisi underlined Iran and Russia’s will to expand their strategic relations in various sectors, saying the ties are growing and have bright prospects. 

Sina Energy Gostar Holding is planning to build a pipeline for the transfer of petroleum products with the help of a Russian company, managing director of the holding said.

Domestic component manufacturers are exporting car parts to Russian companies and their main goal is to boost this trend, according to the secretary of the Association of Automobile Parts and…

Russian gas producer Gazprom is devising a comprehensive plan to develop six oilfields and two gas fields in Iran, and expects to sign contracts by the end of the current Iranian year (March…

Officials from the Export Guarantee Fund of Iran (EGFI) and the Russian Export Center signed a deal to facilitate trade exchange. 

Iran’s Trade Center in Moscow was inaugurated on Wednesday in the presence of Iranian and Russian officials and businesspeople.

Trade turnover between Russia and Iran in January-July amounted to $2.7 billion, the Russian Foreign Ministry said in a statement.