Envoy: Iran-Russia Trade Balance Up by 70 Percent in 6 Months, Visits by Tourists, Businessmen Double

Envoy: Iran-Russia Trade Balance Up by 70 Percent in 6 Months, Visits by Tourists, Businessmen Double

TEHRAN (FNA)- Iranian Ambassador to Russia Mehdi Sanayee announced that the volume of Tehran-Moscow trade transactions has increased considerably since the beginning of the current Iranian year (started March 20), and said that the visas issued for tourists and businessmen have also increased by 100 percent.

According to the official announcement by the Russian government, Iran and Russia have boosted their trade transactions by 70 percent over the past six months," Sanayee said, addressing a conference titled 'Sustainable Presence in Russia' in Moscow on Tuesday.

He said that following agreements and measures taken to facilitate visa issuance for nationals of the two sides, specially for businessmen, it is expected that some visa-related problems of Iranian passengers and trades would be completely removed in the near future.

Sanayee reiterated that signing different documents between the two countries, specially in the trade and economic fields, and also setting up Russia's 5-billion-dollar credit line that has also been approved by the Iranian parliament shows the two countries' serious determination to develop their relations.

In June, Iran confirmed reports that Russia plans to open a $5 billion credit line for Iran to help finance projects and exports in the country.

"Yes. The Russians have voiced readiness in negotiations to open a line of credit for exports," Government Spokesman Mohammad Baqer Nobakht told reporters in Tehran.

"We have declared our readiness to Russia and other countries to use their resources for investment in Iran," he added.

In late July, Iranian Minister of Communications and Information Technology Mahmoud Vaezi and Russian Energy Minister Alexander Novak in a meeting in Moscow underlined the need for the expansion of mutual cooperation.

Vaezi and Novak explored avenues for bolstering and reinvigorating bilateral ties.

During the meeting, Vaezi underlined the importance of the upcoming meeting between Iranian President Hassan Rouhani and Russian President Vladimir Putin in Baku later this month.

Referring to the agreements, reached between Iran and Russia in the 12th Iran-Russia Joint Economic Cooperation Commission session, he said that Tehran is ready for development of all-out ties with Moscow.

Novak, for his part, said that there are good potentials for expansion of all-out ties between the two countries.


Source: Farsnews

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