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Russia and Iran need to step up work to increase the volume of trade in national currencies. the Russian Energy Minister and co-chairman of the Russian-Iranian commission for trade and economic cooperation. Alexander Novak. said at a meeting of the commission. RIA Novosti reported.
Overall. the trade turnover between the countries is at a high level. he said. adding that in 2017. the bilateral trade amounted to $1.7 billion.
`Nevertheless. there are still unresolved issues. I think it is necessary to intensify the work in this direction with a view to ensure an increase in the volume of trade in our national currencies. and to further simplify the calculation procedures.` Novak said.
