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https://www.rt.com/politics/354743-putin-voices-support-to-iran/
Published time: 5 Aug, 2016 13:31
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Russian President Vladimir Putin. © Michael Klimentyev / Sputnik
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READ MORE: Russia to provide Iran with €2.5 billion infrastructure loan
The Russian leader also welcomed the possible creation of a free trade zone between Iran and the Eurasian Economic Union – the bloc that currently unites Russia, Armenia, Belarus, Kazakhstan and Kyrgyzstan. He said that work has already started to research the possibility of such a move, adding that Russia would continue to support Iran's pursuit of full membership in the Shanghai Cooperation Organization – the Eurasian military-political bloc comprised of Russia, China, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan.
On August 8, Putin is expected to visit Baku and take part in the first-ever trilateral summit of the leaders of Russia, Azerbaijan and Iran.
In November last year, Russia and Iran agreed to develop economic ties, with Moscow promising to provide a $5 billion state loan to Tehran for the promotion of industrial cooperation. The loan is expected to boost trade between the two countries, with the target set at $10 billion, up from the current $1.6 billion.
READ MORE: Russia to open ‘green corridors’ for Iranian goods
The two countries have selected 35 priority projects in energy, port facilities, and railway electrification.
In March this year, Russian Deputy Agriculture Minister Sergey Levin promised that Moscow would ease customs procedures for Iranian agricultural products and speed up their delivery to Russian markets.
Published time: 5 Aug, 2016 13:31
Get short URL
Russian President Vladimir Putin. © Michael Klimentyev / Sputnik
AddThis Sharing Buttons
READ MORE: Russia to provide Iran with €2.5 billion infrastructure loan
The Russian leader also welcomed the possible creation of a free trade zone between Iran and the Eurasian Economic Union – the bloc that currently unites Russia, Armenia, Belarus, Kazakhstan and Kyrgyzstan. He said that work has already started to research the possibility of such a move, adding that Russia would continue to support Iran's pursuit of full membership in the Shanghai Cooperation Organization – the Eurasian military-political bloc comprised of Russia, China, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan.
On August 8, Putin is expected to visit Baku and take part in the first-ever trilateral summit of the leaders of Russia, Azerbaijan and Iran.
In November last year, Russia and Iran agreed to develop economic ties, with Moscow promising to provide a $5 billion state loan to Tehran for the promotion of industrial cooperation. The loan is expected to boost trade between the two countries, with the target set at $10 billion, up from the current $1.6 billion.
READ MORE: Russia to open ‘green corridors’ for Iranian goods
The two countries have selected 35 priority projects in energy, port facilities, and railway electrification.
In March this year, Russian Deputy Agriculture Minister Sergey Levin promised that Moscow would ease customs procedures for Iranian agricultural products and speed up their delivery to Russian markets.
