Russia’s Finance Minister, Anton Siluanov, has identified the increase in trade volume between Russia and Iran as the most important task in the economic sector, according to a report by the Westi news channel’s Telegram channel.
“The main task now is to increase the trade volume, as for our countries, for our level of economic cooperation, a total value of four billion US dollars is extremely little” Siluanov said in an interview with Russian journalist Pavel Sarubin on the show Moscow. Kremlin. Putin.
Siluanov also noted that Iran accepts MIR bank cards and that the payment systems of the two countries are “connecting.”
On Friday, a meeting took place at the Kremlin between Iranian President Ebrahim Raisi and Russian President Vladimir Putin, following which a comprehensive strategic partnership agreement between Russia and Iran was signed. Work on the new agreement has been ongoing since 2022, with the parties agreeing on the text in June 2024. As mentioned in the Kremlin, this document reflects the transformation of bilateral relations to a new level.
As Putin pointed out, the trade volume between the two countries increased by 15.5% in the first ten months of the previous year. It is notable that Russia and Iran have almost completely switched to national currencies in their mutual settlements.