Dec 22, 2015, 3:45 PM
Iran, Russia sign 2 economic MoUs

TEHRAN, Dec. 22 (MNA) – Iran and Russia inked two MoUs for economic collaboration on Monday on the sidelines of Russian National Exhibition in Tehran International Permanent Fairground.

The agreement was signed by Russian Trade and Industry Minister Denis Manturov and Iran's Industries, Mining and Trade Minister Mohammadreza Nematzadeh.

The second contract was inked by the two countries’ private sectors which pertains to exchange of technology for production of combine harvesters.

Russian National Industrial Exhibition - Trade and Industrial Dialogue: Russia – Iran 2015, which is being held under the supervision of the Minister of Industry and Trade of the Russian Federation Denis Manturov, opened in Tehran Airshow Center, on December 21 and will end on December 23.

Participating government officials and dignitaries at the event include Vice President of the Islamic Republic of Iran Surena Sattari, Minister of Industry and Trade of the Russian Federation Denis Manturov, President of United Aircraft Corporation Yury Slyusar, Governor of Kaluga oblast Anatoly Artamonov, EXIAR’s General Manager Alexey Tyupanov, and Export support agency of Russia CEOs of over 100 Russian industrial and technology companies and the regional governors.

In addition to over 10 conferences and seminars, the Russian side presents the 3,000 square meters exhibition with the most advanced technologies in heavy machinery, transport and agricultural machinery, pharmaceutical, energy technologies as well as famous Sukhoi Superjet 100 aircraft and Sukhoi SuperJet 100 Business Jet.

Iran and Russia have envisaged prospects for cooperation in various fields with a total value of 40 billion dollars.

The worth of economic relations between Tehran and Moscow is estimated to increase from the current two billion dollars to ten billion dollars in the near future.




News Code 113043


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