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
Israeli media: Sirens sound again in the Golan Heights
Israeli media: Sirens sound in western al-Jalil
Israeli media: Sirens sound in the north [of occupied Palestine]
Israeli media: Missiles fired from Iran toward the north were detected
Iranian Army: Received information indicate that most of the drones hit their designated targets
Iranian Army: This morning, we began implementing the ninth and tenth stages of the drone attack by launching dozens of drones toward the [Israeli] entity
The Israeli army's investigation into the rocket that fell in Haifa without warning: The Iranian missile's warhead was not detected
Israeli media: The air force's surveillance systems failed to detect the Iranian missiles, leading to a series of failures
Israeli media: The army's investigation revealed that the missile was not detected, thus no interception means were fired at it, and the sirens were not activated
Israeli media: The army's updated investigation into yesterday's Iranian missile strike on Haifa reveals a serious flaw

Russia-Iran trade surpasses $4 bln with 96% in national currencies

  • By Al Mayadeen English
  • Source: Agencies
  • 16 Jan 2025 21:40
  • 1 Shares
2 Min Read

Russian President Vladimir Putin is set to host Iranian President Masoud Pezeshkian in Moscow, where the leaders will discuss pressing issues in the Middle East.

Listen
  • x
  • ap
    The Russian and Iranian flags are pictured at the Kremlin in Moscow, Russia, Thursday, December 7, 2023. (AP)

The Kremlin announced on Thursday that over 96% of trade transactions between Russia and Iran are now conducted in their respective national currencies, showcasing a significant shift away from reliance on the US dollar.

Between January and October 2024, trade volume rose by 15.5%, reaching $3.77 billion, with total trade for 2023 surpassing $4 billion. Key joint initiatives, particularly in the energy and transport sectors, are being actively pursued, according to the statement.

Russian President Vladimir Putin is set to host Iranian President Masoud Pezeshkian in Moscow, where the leaders will discuss pressing issues in the Middle East, including the situations in Syria and occupied Palestine.

"It is expected that the upcoming high-level talks will address key issues on the global and regional agenda of mutual interest. These include the development of the situation in the Middle East, including in Syria and in the Palestinian–Israeli conflict zone, in Transcaucasia, the situation around the Iranian nuclear program, and others," the Kremlin stated.

Related News

Russia, China, and Pakistan call for ceasefire amid US attacks on Iran

US 'opened a Pandora's Box': Russia's UN envoy on aggression on Iran

Strategic partnership

The two presidents are also preparing to sign an agreement on strategic partnership during their meeting on Friday. According to the Kremlin, this agreement will mark a new stage in bilateral relations between the two nations.

It is designed to replace the existing 2001 agreement, reflecting the substantial expansion of cooperation between the two nations over the past two decades.

It encompasses a wide array of sectors, including politics, economics, modern technologies, information and cybersecurity, peaceful nuclear energy, defense, and military matters. 

Read more: Iran, Russia strengthen commitment to North-South Transport Corridor

On Thursday, Kremlin spokesperson Dmitry Peskov addressed speculations regarding the timing of the signing, which is scheduled just days before the US presidential inauguration on January 20.

"Numerous speculations about the choice of date for signing the Comprehensive Strategic Partnership Agreement between Russia and Iran on the eve of Trump's inauguration only cause a smile," the spokesman said.

  • Russia
  • de-dollarization
  • Russia-Iran cooperation
  • Iran

Most Read

Iran launches 9th wave of Op. True Promise 3, destroys IOF air defense

Iran launches 9th wave of Op. True Promise 3, destroys IOF air defense

  • MENA
  • 17 Jun 2025
Rescue team work at the site where a missile launched from Iran struck Tel Aviv, Israel, Monday, June 16, 2025 (AP)

Wave 12 of Operation True Promise 3 launched, Sejjil deployed: IRGC

  • Politics
  • 18 Jun 2025
Israeli workers survey the site where a missile launched from Iran struck in Haifa on Sunday, June 22, 2025. (AP)

True Promise 3, wave 20: 40 missiles launched, Kheibar-Shekan in first

  • Politics
  • 22 Jun 2025
Iran launches missile barrage to Tel Aviv, casualties reported

True Promise 3, wave 14: Tel Aviv targeted, casualties reported

  • Politics
  • 19 Jun 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
Secretary of Iran's Supreme National Security Council Ali Shamkhani, speaks with then-Syrian Prime Minister Imad Khamis in a meeting in Tehran, Iran, Tuesday, January 17, 2017 (AP)
Politics

Iran holds the initiative after nuclear strikes, Shamkhani says

Blood stains a religious painting inside Mar Elias Church, where a suicide bomber detonated himself in al-Dwela, on the outskirts of Damascus, Syria, on Sunday, June 22, 2025 (AP)
Politics

UN, regional governments condemn Damascus church bombing

A B-2 bomber arrives at Whiteman Air Force Base Missouri, Sunday, June 22, 2025, after returning from a massive strike on Iranian nuclear sites on Saturday (AP)
Politics

Israeli media: US-Israeli strike on Iran failed to end war

China UN Ambassador Fu Cong addresses the United Nations Security Council, Monday, March 24, 2025. (AP Photo/Richard Drew)
Politics

China slam US strikes on Iran nuclear sites

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