Iran. Russia to Set Up Export Terminal for Agro Products

During the meeting in the Russian capital. officials of Iran’s Mazandaran and Russia’s Volgograd provinces exchanged views on the broadening of mutual cooperation between the provinces.

Head of the Iranian delegation Ahmad Husseinzadegan said that 70% of the Mazandaran’s economy is based on agriculture and with proper planning and removing structural barriers can win the trust of the private sector to maximize investment and boom exports.

The two sides discussed implementation of economic relations development programs. the presence of Russian investors in Mazandaran. the relationship between Volgograd and Mazandaran provinces and the optimal use of the capacity of the Mazandaran business house in Volgograd.

In a relevant development earlier in September. Iranian Energy Minister Reza Ardakanian and his Russian counterpart Alexander Novak. in a meeting in Moscow. expressed their respective countries’ resolution to further bolster economic relations. and vowed to accelerate the implementation of agreements and completion of joint projects.

During the meeting. Ardakanian and Novak underscored the importance of accelerating implementation of bilateral projects such as building a 1400 megawatt power plant in Sirik. Southern Iran and electrifying Garmsar-Incheboron railway.

During the meeting chairmen of Iran-Russia joint economic cooperation commissions discussed various issues like following up bilateral projects. and agreements in the 15th joint economic commission meeting held in Isfahan and Tehran.

They also discussed the latest conditions of building a 1400 megawatt power plant in Sirik by using Russian loan and electrifying Garmsar-Incheboron railway.

Expressing happiness over finalizing Iran internal procedure to join Eurasian Economic Union. Novak said based on the agreements the temporary free trade agreement between Iran and Eurasia will become operational on October 26. 

He also called for implementing Iran-Kazakhstan-Russia trilateral agreement for temporary transfer. transit and swap of wheat.

He also lauded cooperation between Iran and Russia in aerospace field. and called for maintaining bilateral cooperation in the field of digital energy.

Meanwhile. Ardakanian invited the Russian minister to attend Iran’s 19th international electricity exhibition.

Iranian energy minister together with Foreign Minister Mohammad Javad Zarif arrived in Moscow on Sunday night to develop politico-economic ties and to discuss the latest developments about the Joint Comprehensive Plan of Action.

The volume of Iran-Russia trade exchange has registered a 17 percent growth in recent years.

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