Tag Archives: Russia

Tehran and Moscow signed a Memorandum of Understanding after the third meeting of the Iran-Russia Energy Working Group here in Tehran.

Russian Energy Minister Alexander Novak said that both Tehran and Moscow are resolute to further increase bilateral ties in all areas. particularly in economic fields where Washington has put its weight to isolate the Islamic Republic.

The United States has become the world’s fastest growing exporter of liquefied natural gas.

Tehran and Moscow must crank up the volume of bilateral trade. saying that even last year’s spike in the current of commercial interactions between the two countries does not fit the huge potentials.

Iran and Russia are holding a couple of important joint meetings for expansion of economic relations this week in a bid to show defiance to all pressures posed by Washington.

Iranian and Russian sides. in an important decision made in Tehran. agreed on lower tariff rates for a number of 800 goods and commodities. in a bid to further bolster trade ties between the Islamic Republic and North Caucasus region.

Iraq’s government is expected to launch a tender to develop the field this year.

OPEC and its allies have been reducing oil output by 1.2 million barrels per day since Jan. 1 to support the market.

Presidents of Iran. Russia. and Azerbaijan will convene in the Russian resort city of Sochi in August to further work on ways to boost tripartite cooperation to form a strong regional bloc of trade and transit.

Iranian and Russian officials. businessmen. and economic activists started two 3-day economic events in the Iranian cities of Tehran and Isfahan in a bid to discuss avenues for bolstering economic relations.