“Market condition is not yet clear; prices now concord with our expectation of $45/b but maintaining equilibrium is delayed and we hope conditions will be back to normal in 2017.”
Before going to Moscow, Iranian communication minister visited Russian city of Astrakhan.
During his 4-day visit to Russia, Vaezi, in addition to talks with Astrakhan officials, discussed expansion of cooperation with Trade Minister of Eurasia Economic Union Veronika Nikishina and negotiated process of free trade treaty between Iran and the Union.
Vaezi met with Russian Minister of Communications and Mass Media Nikolai Nikiforov, Minister of Industry and Trade Denis Manturov and Minister of Energy Alexander Novak, who is head of the Russian side of permanent joint commission of economic cooperation.
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