May 10, 2023
1 min read

Tehran, Moscow cement economic ties

Iran and Russia, both under sanctions imposed by the US, have been expanding their political and economic relations to counter the US moves….reports Asian Lite News

Iran and Russia have exchanged views on ways to further expand all-out relations, particularly in the fields of trade and economy.

Iranian Foreign Minister Hossein Amir-Abdollahian and his Russian counterpart Sergei Lavrov on Wednesday discussed the issue on the sidelines of a quadrilateral meeting on the Syria issue in Moscow, which were also presented by Syrian and Turkish foreign ministers, according to the Iranian Foreign Ministry’s website.

Amir-Abdollahian called for greater efforts to accelerate the already improving bilateral relations between Iran and Russia along their current “right” path, saying Wednesday’s high-level quadrilateral meeting was a positive outcome of such cooperation, Xinhua news agency reported.

For his part, Lavrov said the imminent holding of the Russia-Iran joint economic commission in Tehran will play an important role in the deepening of the bilateral relations, expressing his hope that the trade and economic sectors of Iran would have an active presence in the 14th edition of the International Economic Forum “Russia-Islamic world: Kazan Forum” during May 18-19.

The two foreign ministers also highlighted the positive impacts of cooperation in developing the International North-South Transport Corridor as well as the financial and banking sectors on improving and deepening the bilateral economic and trade relations, calling for facilitating mutual activities in private sectors and trips between the two countries.

Iran and Russia, both under sanctions imposed by the US, have been expanding their political and economic relations to counter the US moves.

ALSO READ: Iran is like 50 North Koreas, Netanyahu tells US lawmakers

Previous Story

AIKYA, a fusion of western silhouettes with Indian touch

Next Story

IMF staff team due in Lanka

Latest from -Top News

Is Bangladesh cosying up to Beijing and Islamabad?

The Kunming gathering appears to mark the beginning of a dangerous geopolitical maneuver. Behind the diplomatic curtain, efforts to forge a strategic bloc seem to be underway—one that not only threatens regional

UAE rolls out red carpet for Indian start-ups

MoU signed with IIT Bombay’s SINE as CEPA Start-up Series aims to accelerate market access for Indian ventures In a bid to bolster cross-border entrepreneurship and innovation, the UAE-India CEPA Council (UICC),

Fuel switch mystery in Air India horror crash

Cockpit voice recordings, fuel switch anomalies and a possible overlooked advisory emerge in early findings The preliminary investigation into the crash of Air India flight AI171, which went down shortly after take-off

Pentagon takes stake in rare earth firm

This partnership aims to enhance the US’s strategic independence in critical minerals, which are essential for both defense and commercial applications In a significant move to bolster domestic rare earth production, MP

UK Leaders Slam Bangladesh Interim Rule

UK Leaders Urge Starmer to Act Against Bangladesh Interim Regime…reports Asian Lite News Several prominent UK politicians — including current and former lawmakers — along with human rights advocates and religious community
Go toTop

Don't Miss

Arab League Chief in Moscow for Gaza Talks

The visit will include an expanded session of discussions with

Huge fire at Tehran Grand Bazaar burns down 30 stores

About 30 stores were gutted completely in a huge fire