Business

Russian Official: Value Of Trade With Iran Rose By 20% In 2022

Russian Official: Value Of Trade With Iran Rose By 20% In 2022

Sergey Katiryn, head of the Russian Chamber of Commerce and Trade, praised rising bilateral cooperation with Iran in an interview with Tass information company, saying that two states anticipate the worth of their commerce to hit $40 billion within the years to return.

He mentioned Russian corporations are serious about getting into the Iranian market, describing Iran as a bridge for commerce with the Center East, South and Southeast Asia.

The Russian official, whose nation has been hit powerful by Western sanctions over the previous yr as a result of Ukraine conflict, mentioned Iran has a singular expertise in maintaining financial actions amid comparable restrictions.

Katiryn burdened the necessity to bolster cooperation with Iran in all fields, from agriculture to superior applied sciences, power, engineering, textile and tourism.

The feedback come as Iranian Overseas Minister Hossein Amirabdollahian is anticipated to go to Moscow later this month for talks on nearer bilateral cooperation.

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