Iran-Russia Relations

An agreement has been reached between the head of Mazandaran Chamber of Commerce and the head of Volgograd Chamber of Commerce and Industry in Russia to set up a house of commerce in the Russian…

European companies active in Iran’s rail sector have not yet taken a stance whether to continue or end their cooperation with the Iranian sides after the US unilateral pullout from Iran’s…

A delegation from Russia’s Volgograd Oblast arrived in Sari, the provincial capital of Mazandaran, on Monday for a three-day visit aimed at exploring ways of boosting bilateral trade.

The Russian and Iranian sides have signed a supplementary agreement to guarantee the construction project of thermal power plant Sirik in the southern Iranian province of Hormozgan, the Russian…

Iran traded $1.03 billion worth of non-oil goods with Russia in the last Iranian year (ended March 20, 2018), which is 42.14% less compared to the year before, making Russia the 18th biggest…

After hinting at a possible free trade agreement between the two oil-rich countries, a Russian delegation said it was in Iran to explore the future for imports.

Russian Prime Minister…

Iran Aseman and Iran Air Tours signed letters of intent on Thursday with Sukhoi Civil Aircraft Company at Turkey’s Eurasia Airshow, calling for the delivery of a customized version of the…

Russian Prime Minister Dmitry Medvedev signed an interim agreement with a validity of four years for the formation of a free trade zone to deal with a limited range of goods between the Eurasian…

Iran’s exports to Russia witnessed a 30% rise in 2017 compared to the year before to stand at $392 million, Iran’s commercial attaché to Russia announced.

Farhad Parand added that Iran…

Russian Energy Minister Alexander Novak said the country is considering an option of making oil payments in national currencies, particularly with Turkey and Iran. According to Novak, both…

The process initiated by Iran, Russia and Turkey in Sochi on Nov. 22 was the beginning of a collaboration that will pave the way for regional economic opportunities and change the future of…

An analyst believes the European Union would not like to sit idly watching Russia’s growing relations with Iran and, unlike the US, would in turn move to improve its ties with Tehran to prevent…

Russia’s state-owned oil company Zarubezhneft signed a trilateral deal on Wednesday with the National Iranian Oil Company and Dana Energy Company for the development of Aban and West Paydar…

Iran exported more than $230 million worth of  non-oil goods to Russia during the first 11 months of the current Iranian year (March 21, 2017-Feb. 19), which registers a 27.74% increase…

Iran and Russia signed a memorandum of understanding on expanding cooperation in the oil and gas industry during the 14th session of Iran-Russia Economic Commission held in Moscow on Tuesday.

A cargo train from Russia loaded with 330 tons of wood worth around $132,000 arrived in Iran’s northern border city of Astara on Saturday, the governor of the city, Younes Ranjkesh, said.

To encourage more Russians to visit Iran, a number of private travel companies, including travel agencies and airlines have invited a team of tour operators from the northern neighbor to visit…

The Iran-Russia visa requirement for group tours is expected to be eliminated in the near future, a senior official at Iran's Cultural Heritage, Handicrafts and Tourism Organization said.

Months after the Central Bank of Iran clinched an agreement with the Export Insurance Agency of Russia to pave the way for Russian banks to fund Iranian projects, four Iranian banks have signed…

Russia signed a deal with Iran on Monday to finance €3 billion for joint manufacturing of 20,000 freight cars, 1,000 passenger cars, 350 locomotives as well as rail transportation equipment.

The removal of banking hurdles and expansion of financial ties have considerably impacted the volume of transactions between Iran and Russia.

This was stated by Iran’s Minister of…

Iran exported $228 million worth of goods to Russia during the first half of 2017, indicating a 36% increase compared with last year’s corresponding period, Iran’s commercial attaché to Russia…

The Industrial Development and Renovation Organization of Iran signed a memorandum of understanding with the Russian Trade and Economic Development Council on Tuesday for expanding cooperation…

Russia’s Vnesheconombank, otherwise known as VEB, has signed a contract with Iran’s Bank of Industry and Mine to finance a thermal power plant project in Hormozgan Province.

The contract…

Bank Keshavarzi Iran, state-owned bank specialized in financing agriculture sector, has linked up with a number of major Russian lenders including Sberbank, Gazprombank and Transcapitalbank,…