Iran’s oil minister will head to Russia on Monday for the sixteenth joint financial fee of the 2 international locations, with the finalization of the 40-billion-dollar memorandum of understanding in oil and gasoline sector topping the agenda of the go to.
The go to comes on the heels of the conferences of various Iranian and Russian working teams together with on vitality, banking, transportation, commerce and funding.
They’ve ready draft cooperation paperwork for finalization throughout the assembly of the joint financial fee.
The fee can also be scheduled to debate a roadmap for financial cooperation between Iran and Russia.
A difficulty on the agenda is the conclusion of the memorandum of understanding signed between the 2 sides in July for 40-billion-dollar value of funding by Russian corporations in a number of Iranian oil and pure gasoline tasks.