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Iran, Russia sign business deal

  • By Al Mayadeen English
  • Source: Agencies
  • 21 May 2022 22:21
  • 1 Shares
2 Min Read

Iran and Russia sign a deal to strengthen the economic cooperation between the two.

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  • Iran and Russia sign a business deal to strengthen economic cooperation.
    Iran and Russia sign a business deal to strengthen economic cooperation.

In Moscow, the Iran Chamber of Cooperatives and Russia's Fund RC-Investments (the Roscongress Foundation's investment platform) inked a commercial cooperation agreement.

The deal was signed by the Iran Chamber of Cooperatives President Bahman Abdollahi and Fund RC-Investments Director Alexander Shatirov.

It aims to strengthen collaboration and economic cooperation between Iranian and Russian business executives, according to the Roscongress website.

“The active participation of the Iranian business community both in international events and in joint Russian-Iranian projects indicates the interest in the development of practical bilateral cooperation. We should improve the mechanisms of economic interaction between our countries and strengthen business ties,” Shatirov said after signing the deal.

Iran's ambassador to Moscow, Kazem Jalali, who was also present at the event, stated that they want our nations' relations to be solid and comprehensive in sectors such as the economy, trade, politics, culture, and others.

Read next: Tehran ready to receive Putin on return visit to Iran: Envoy

“We want to strengthen the bilateral ties in all areas that are beneficial for our two countries and our two peoples. I am confident that the SPIEF 2022 will help maintain and improve the positive development dynamics between our countries,” the Iranian ambassador added, referring to the 25th edition of the St. Petersburg International Economic Forum (SPIEF), due to be held on June 15-18.

Iranian and Russian officials also discussed methods to deepen interaction and shared perspectives on the existing condition of trade, economic, and investment cooperation between the two nations.

The Roscongress Foundation is a non-profit organization dedicated to social development that organizes national and international conventions, exhibits, and commercial events.

According to its website, it was founded in 2007 to aid the growth of Russia's economic potential and to promote the country's national interests.

Read next: Iran, Russia meet to strengthen trade ties

  • Iran
  • Russia
  • Roscongress Foundation
  • Alexander Shatirov

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