Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Iran's judiciary says 71 killed in Israeli strike on Evin Prison
Trump: Make the deal, get the hostages back
Al Mayadeen's correspondent: 67 Palestinians were martyred in 24 hours in the Israeli aggression on the Gaza Strip
Israeli media: For the first time, Prime Minister Netanyahu is signaling that he wants to end the war on Gaza
Israeli Channel 12, citing an American source: We want to have entered a path toward captive release and a ceasefire before Netanyahu arrives in Washington
Lebanese Ministry of Health: One martyr and two injured in the Israeli airstrike that targeted a motorcycle in the town of Mahrouna
Al Mayadeen correspondent to Southern Lebanon: An Israeli drone strike targeted a vehicle between the towns of Jwayya and Mahrouna.
Al Mayadeen's correspondent in South Lebanon: One martyred in the Israeli drone strike on a car in the town of Kawnin
Al Mayadeen's correspondent in South Lebanon: Israeli drone targets a car in the town of Kawnin
Naeini: If our national interests are attacked again, our response this time will be stronger and more destructive

Iran’s experience in facing sanctions available to Russia and may inspire it – Experts

  • By Al Mayadeen Net
  • Source: Agencies
  • 9 Mar 2022 16:10
  • 1 Shares
5 Min Read

Russia is facing a global sanctions campaign whose aim is to isolate it. Moscow can stand to learn a lot from Iran, which has decades of experience in fighting sanctions.

  • x
  • Experts explain how Russia and Iran can cooperate in order to counter the sanctions imposed against them
    Experts explain how Russia and Iran can cooperate in order to counter the sanctions imposed against them

Russian-Iranian relations possess a high degree of coordination and cooperation. Tehran’s experience in facing the US unilateral all-inclusive sanctions may inspire Moscow in the fight against the new sanctions the West is imposing against it.

Economic relations between Moscow and Tehran have been growing as of late. Senior Iranian officials' efforts to further enhance ties with Moscow reveal that these bilats have a great deal of importance for both countries because they have both been facing harsh US unilateral sanctions for years.

Russia, and Iran’s resistance economy

Hadi Afqahi, a former Iranian diplomat and a strategic expert, told Sputnik the Resistance Economy Russia must follow at the moment lies in focusing on domestic capabilities, fighting corruption, and economic mafias. He cited the economy laid out by Iran’s Supreme Leader Ali Khamenei, which is based on bolstering the economy from within so that it would not falter amid global fluctuations, such as in oil prices, stocks, gold, etc…

Afqahi added that Iranian President Ebrahim Raisi had, throughout this past period, been hard at work to develop the economy from within, and is still fighting corruption.

He added that Raisi’s domestic policies revolved around providing investment opportunities, fighting laws that obstruct investment, and reviving the economy and domestic industry. As for the exterior, Iran has gone to great lengths to bypass the sanctions, as it is now part of the 27-nation Shanghai Cooperation Organization, whose members have agreed to deal with one another using their domestic currencies, and not the US dollar. Iran also signed a 25-year strategic cooperation deal with China, estimated to be worth around $470 billion, and wrote the draft for a 20-year deal with Russia. Iran also has a free trade agreement with the Eurasian Economic Union, of which Russia is a member.

Afqahi saw that Russia, a friend of Iran, is now going through the same thing Tehran went through before. Although it’s true that there is a global campaign against Russia at the moment, Moscow has cards up its sleeve through which it can manage this crisis with a great deal of sophistication, like Resistance Economy, stressing that the sanctions against Russia won’t only harm Russia’s economy, because if the crisis grows any longer, the first to scream would be the Europeans, especially since Russia has not yet retaliated, nor has it used all of its cards.

Related News

White House reportedly pauses new US sanctions on Iran amid talks: WSJ

Diplomatic sources deny US reports about details of Iran-US deal

Despite this, the US and Europe are currently bickering amongst one another on sanctioning Russia’s gas and oil, and this presents a great crisis for Europe.

Self-sufficiency and trading with local currency

For his part, Tehran University Professor Mohammad Sadegh Koushki told Sputnik there are two ways through which Russia can resist sanctions and lessen their impact.

Koushki said the first way was through economic and trade cooperation using domestic currencies, and Iran and Russia could do this. Russia can also cooperate with Iran so that businessmen from both countries can exchange products using the Toman and Ruble. Iran is also a large new market for Russia instead of the European market.

The second way through which Russia could combat the sanctions is through Iran itself, meaning that Russia can use the sanctions and divert its products to the Iranian market, which is open before it. Iran can also act as a transit station for Russian businessmen headed to the East and to some Arab countries. 

Koushki also said this last method could take place through mutual cooperation in a number of fields, like joint investment in fields needed by both countries, and this is how they can both do without Europe, its market, and products.

The Tehran University professor further added that one of Iran’s most important experiences in fighting sanctions lay in creating sufficient internal production and reaching self-sufficiency in a number of fields. The Islamic Republic of Iran sought to fight sanctions on production through its scientists and did so by supporting domestic production in sanctioned fields so that Tehran would not be in need of foreign powers, or imports.

These companies, Koushki said, helped the Iranian government produce a number of products that were needed by the country, both rapidly and efficiently. The fact that most medicines and medicinal equipment needed by the country to fight the pandemic were internally produced a mere six months into the pandemic, which lessened the need for export. Rather, Tehran was exporting these products to some countries, including European countries.

Russia's president had announced a special military operation in Ukraine, on February 24, to protect the people of the DPR and LPR, who asked for Moscow's aid against attacks by Ukraine's forces.

Russian officials have repeatedly said that they do not seek to occupy the country and that the operation's aim is to de-nazify  and demilitarize Ukraine by specifically targeting military infrastructure.

  • Russia
  • Sanctions on Iran
  • US sanctions on Iran
  • Sanctions on Russia
  • sanctions
  • Iran
Russia & NATO

Russia & NATO

As the Draconian Western-led sanctions on Russia exacerbate the economic crisis worldwide, and as Russian troops gain more ground despite the influx of military aid into Ukraine, exposing US direct involvement in bio-labs spread across Eastern Europe and the insurgence of neo-Nazi groups… How will things unfold?

Most Read

Iranian President Masoud Pezeshkian attends a protest following the US attacks on nuclear sites in Iran, in Tehran, Iran, Sunday, June 22, 2025. (AP)

Iran declares victory as ceasefire forces Israeli retreat

  • Politics
  • 24 Jun 2025
Iran launches strikes on Israeli targets, despite alleged ceasefire

Iran victorious as ceasefire with 'Israel' takes effect

  • Politics
  • 24 Jun 2025
Iranian worshippers carry their country's flags in a protest to condemn Israeli attacks on multiple cities across Iran, after the Friday prayers ceremony in Tehran, Iran, Friday, June 20, 2025. (AP)

Iran warns of NPT withdrawal, Strait of Hormuz closure after US attack

  • Politics
  • 22 Jun 2025
The site of a direct missile strike launched from Iran in Tel Aviv on Sunday, June 22, 2025. (AP)

Op. True Promise 3, wave 21: Multi-warhead missiles rain on 'Israel'

  • Politics
  • 23 Jun 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
In this June, 12, 2021, file photo, former Secretary of Iran's Supreme National Security Council Ali Shamkhani sits in a meeting in Tehran, Iran.
Politics

Iran strategically foiled Israeli-US scheme, Advisor Shamkhani says

Sheikh Naim
MENA

Let no one think they can subjugate Hezbollah: Sheikh Qassem

Screengrab from a video published by the al-Qassam Brigades shows confrontations with the Israeli occupation forces in Gaza, undated (Al-Qassam Brigades Military Media)
Politics

Al-Qassam releases video of deadly ambush with Israeli forces in Gaza

International Atomic Energy Agency (IAEA) Director General, Rafael Grossi, attends an IAEA Board of Governors meeting in Vienna, Austria, Monday, June 23, 2025 (AP)
Politics

Iran bars IAEA chief Grossi from nuclear facility inspections

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS