Iran. Russia Intensify Economic Cooperation Talks in Tehran. Isfahan

The 15th Iran-Russia Joint Economic Cooperation Commission and 2nd Iran-North Caucasian Region Business Forum will be held for a period of three days in Tehran and Isfahan provinces from today in the presence of senior public and private sectors officials of the two countries.

The opening ceremony of the 2nd Trade. Historical. Cultural and Scientific Forum between Iran and North Caucasus Region will be held in Tehran on June 17 in the presence of Minister of Energy Reza Ardakanian.

On the sidelines of 15th summit of Iran-Russia Joint Economic Commission. a number of nine Working Groups and three specialized committees will be held in the presence of a great number of public an d private sectors of the two countries in the fields of industry. energy. transport and ICT (information and communication technology).

Last month. Iranian Energy Minister Reza Ardakanian and his Russian counterpart Alexander Novak. in a telephone conversation. examined the latest status of the joint projects of the two countries in areas of energy cooperation.

Iran has the highest number of oil deals with Russia for the development of its oil and gas fields.

Early in May. Iranian and Russian Foreign Ministers Mohammad Javad Zarif and Sergei Lavrov inked a document which eases visa issuance for the two countries` citizens.

The cooperation document was endorsed in a ceremony in Moscow on May 8.

After the ceremony. Lavrov said that the protocol will improve relations between the Iranian and Russian nations. specially the traders.

Tehran and Moscow have in recent years made efforts to further increase their economic and trade cooperation to confront the US sanctions against both nations.

In a relevant development late in April. Iranian Ambassador to Russia Mehdi Sanayee and Russian Deputy Industry and Trade Minister Georgy Kalamanov in a meeting in Moscow explored avenues for widening economic and trade cooperation between the two countries.

The two sides discussed cooperation in the field of auto-manufacturing. railroad and airplane manufacturing as well as issues on joint cooperation commission slated to be held in June.

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