Iran, Russia stress firm resolve for starting new round of coop.

MOSCOW, Jul. 29 (MNA) – During Iran-Russia’s Joint Economic Commission’s meeting in Moscow on Fri., the two sides stressed readiness for using predicted results of Rouhani’s and Putin’s upcoming meeting to expand relations.

During the meeting between Iranian and Russian delegations headed by Iran’s ICT Minister Mahmoud Vaezi and Russia’s Minister of Energy Alexander Novak, the two sides highlighted serious resolve in further expansion of relations in the new era of cooperation.

“Highly significant documents have been signed in the past two years and various working groups have been formed to implement them,” Vaezi said, adding the meetings held in regard to the implementation of the agreements have yielded good results.

The Russian Energy Minister, for his part, referred to the upcoming meeting between President Rouhani and President Putin in Baku, adding “in the first five months of 2016, the volume of trade transactions between the two countries have had about 70 per cent increase compared to the similar period of time last year.”

Novak also noted the free trade agreement between Iran and the Eurasian Economic Union, calling for further efforts by both sides for expediting the implementation of the agreement.

He deemed the resolution of banking issues highly critical for the development of relations between the two countries, saying Russia is ready to cooperate on resolving the issue and that payments have already doubled.

Novak further expressed hope that the report of drawn-up plans and ongoing projects would be presented to the two countries’ presidents ahead of their meeting in Baku on August 8.

The Russian minister added that Gazprom company is interested in participating in gas, reservoir and CNG production projects for third-party countries in Iran.

The two sides also stressed the need for boosting space cooperation and signing MoUs in this area.

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News Code 118485

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