Petroleum Minister: 13th Administration Seeking to Expand Iran-Russia Trade Ties

SHANA (Tehran) – Iran’s Minister of Petroleum Javad Owji on Wednesday said the 13th administration is doing every effort to develop trade ties with Russia.

Owji, who held talks with Russian Deputy Prime Minister Alexander Novak, added that the two countries’ governmental and private sectors will help broaden bilateral relations.

Heading a high-level delegation, the Russian deputy prime minister is visiting Tehran to discuss his country’s cooperation with top Iranian officials.

The Iranian minister expressed his satisfaction with the installation of Novak as the chairman of Iran-Russia Joint Trade and Economic Cooperation Commission.

Tehran and Moscow signed good agreements and memorandums of understanding on cooperation in the energy, agricultural, transport, and other sectors last year, recalled Owji, adding the two sides discuss them today ahead of the meeting of the Iran-Russia Joint Economic Commission.

Implementation of Agreements

Novak said that his accompanying delegation is composed of top officials of ministries, organizations, trade unions, and companies, as well as governors.

Iran and Russia enjoy all-out relations, he said, continuing that bilateral ties have witnessed a special dynamism in recent years, and the two countries’ presidents are regularly holding talks about different issues.

Touching upon Iranian President Seyyed Ebrahim Raisi’s visit to Russia in January 2022, Novak called it a driving force for broadening bilateral ties.

He underlined that the two sides are required to implement the agreements reached between the presidents.

Earlier in the day, Novak said the ongoing negotiations between Russia and Iran will play a major role in their relations, recalling that the two countries seized a good opportunity last year and increased their trade volume by 81 percent to $4 billion.

News ID 457425


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