Iran sees golden opportunity in trade with Russia

TEHRAN, Jan. 15 (MNA) – Director of Iran’s first specialized expo in Moscow noted trade tariffs between Iran and Russia are likely to be reduced, saying with the exclusion of Turkey and European countries, Russia has opened its market toward Iranian goods.

Ali Akbar Mirchegini in a press conference on Friday announced the holding of Iran’s first specialized exhibition in Moscow, adding “having omitted Turkey and European countries from their markets, Russians are now showing keen interest for joint cooperation with Iran, and for this reason, we now have a golden opportunity to present Iranian goods in Russia in the best possible way.”

Noting that Iran’s current share of trade with Russia is very insignificant, he added “given the recent visit of Russian President Putin to Iran and the Russians’ keen interest for having Iranian products in their markets, now is the perfect time for Iran to maintain a strong foothold in Russian market.”

Under the agreement signed between Iran and Russia, trade turnover between the two countries can be increased up to 20 billion USD, Mirchegini said.

He went on to add that currently trade tariffs for Iranian goods import stands at 18-20 percent, while in some cases they would even reach 35 percent; “given the fact that the two countries’ most senior officials have called for expansion of economic ties, it is very likely that trade tariffs between Iran and Russia would see a considerable reduction.”

Iran will be holding a socialized exhibition in Moscow from 11-13 May, 2016 in order to introduce its domestically produced goods to Russian markets.

The exhibition will put on display a wide range of Iranian products including foodstuff, technical and engineering services, tourism, hand-woven carpets, medicine, urban services and building materials. 

 

MS/3025138

 

News Code 113594

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