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Iranian capital Tehran hosted a grand Iran-Russia enterprise discussion board at Espinas Palace Lodge on Tuesday.

Organized by the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA), the occasion was participated by a 120-member Russian delegation in addition to businesspeople and officers from Iran, the ICCIMA portal reported.

ICCIMA Head Gholam-Hossein Shafeie, Russian Ambassador to Iran Alexey Yurievich Dedov, Iran’s Deputy International Minister for Financial Diplomacy Mehdi Safari, and President of the Chamber of Commerce and Business of Russian Federation Sergey Katyrin have been among the many officers who attended the discussion board.

Creating infrastructure, a prerequisite for increasing commerce

Opening the occasion, ICCIMA Head Gholam-Hossein Shafeie underlined the necessity for the advance of transportation and commerce infrastructure for the growth of commerce ties between Iran and Russia, saying that the creation of transportation infrastructure, growth of banking relations, facilitation of the issuance of Financial institution ensures, and growth of the actions of the inexperienced customs hall are conditions for the event of relations between the 2 nations.

Referring to Iran’s main coverage of constructive partnership with neighboring nations, Shafeie acknowledged: “With a purpose to create a peaceful and stress-free surroundings for enterprise, Iranian personal sector emphasizes the usage of diplomatic capacities to develop financial and commerce relations with different nations.”

He additional burdened the capacities of Iran and Russia to develop relations and stated: “The 2 nations’ main assets and capabilities in numerous fields equivalent to oil and fuel, delivery within the Caspian Sea and normal transportation alongside the north-south hall, data expertise and electronics, petrochemicals, agriculture and meals, metals and chemical substances, development and textile supplies, prescribed drugs, technical and engineering companies, together with the will of the 2 nations for regional cooperation have paved the way in which for the growth of bilateral exchanges.”

Iran-Russia engaged on a direct banking channel

Elsewhere within the discussion board, Mehdi Safari, Iran’s deputy international minister for financial diplomacy, stated Iran and Russia are engaged on a mechanism for establishing a direct banking channel between the 2 nations.

Mentioning the go to of a number of delegations from the Central Financial institution of Iran (CBI) to Russia and likewise the go to of some Russian financial institution representatives to Iran, Safari stated: “The central financial institution has despatched 5 high-level delegations to Russia which have had lengthy negotiations [with Russian counterparts]. However, Russian financial institution representatives additionally got here to Iran and the infrastructure is being ready; Because the central financial institution says in 4 months our enterprise relationship with Russia will probably be closed [conducted directly]and if that is carried out, such a relationship might be shaped with greater than 10 different nations.”

Tehran-Moscow eye $40b of annual commerce

Additionally addressing the discussion board, President of the Chamber of Commerce and Business of Russian Federation Sergey Katyrin stated: “The roadmap for attaining $40 billion of commerce between Iran and Russia has been ready and the businesspeople of either side are ready for the implementation of a free commerce settlement [between the two countries].”

Underlining the Russian chamber’s efforts to develop relations between Iranian and Russian businessmen, Katyrin emphasised: “Following these efforts, as we speak greater than 100 representatives and entrepreneurs from totally different provinces of Russia are current on this discussion board, and we’re able to develop provincial relations between the 2 nations even additional.”

“On this regard, as emphasised within the assembly of the presidents of the 2 nations, numerous ministers of our nation visited Russia with a purpose to lay the groundwork for the event of commerce relations,” he stated.

The official burdened the significance of exchanging data between businessmen of the 2 nations and added: “Selections have been made within the Russian Chamber [of commerce and industry] to extend the extent of relations with the Iranian aspect, and we took greater than 100 folks on this journey to indicate how necessary it’s for Russia to extend relations with Iran.”

Iran, Russia governments assist personal sector ties

Additionally talking on the gathering, Russian Ambassador to Iran Alexey Yurievich Dedov underlined the governments of the 2 nations’ assist for the growth of financial ties and stated the federal government officers of Iran and Russia have met one another and talked on the cellphone a number of instances to give you methods to develop relations.

“By the top of this 12 months, the presence of extra high-level Russian delegations in Iran can create a basis for bilateral and multilateral relations and make it doable to realize the financial objectives. [set by the two sides].”

Headed by Sergey Katyrin, the Russian commerce delegation, comprised of businesspersons lively in numerous areas, together with transportation, meals, constructional supplies, petrochemical and oil merchandise, worldwide arbitration, and so forth, arrived in Tehran on Monday.

After attending the discussion board, the delegation additionally plans to go to different Iranian cities of Rasht, Anzali, and Isfahan.

On the sidelines of the enterprise discussion board, the Russian businesspersons held B2B conferences with their Iranian counterparts.

Iran and Russia traded as a lot as $4.63 billion value of commodities over the previous Iranian calendar 12 months (ended on March 20), in response to an April report by the Islamic Republic of Iran Customs Administration (IRICA).

Earlier this month, Igor Yevgenyevich Levitin, aide to the president of the Russian Federation, visited Iran on high of a high-ranking delegation to fulfill with Iranian Transport and City Growth Minister Rostam Qasemi and talk about the growth of transport ties.

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