EghtesadOnline: Plans for a deal under which Russia and Kazakhstan are to supply wheat to Iran have stalled as “no progress” has been made in its financing, the secretary-general of Iran Federation of Food Industry Associations said.
EghtesadOnline: The US sanctions will not affect Iran’s railroad cooperation with Russia, which will continue to expand just as the previous round of sanctions failed to impact their railroad construction initiative, a deputy head of the Islamic Republic of Iran Railways said.
EghtesadOnline: Iran and Russian central banks signed agreements to boost ties on new financial and monetary fronts as part of the latest Iran-Russia Banking & Financial Group Meeting on Thursday.
EghtesadOnline: The Central Insurance of Iran, the industry’s main regulator, signed an agreement with the Russian National Reinsurance Company on Wednesday.
EghtesadOnline: Iran has proposed conducting a project with Russian Railways to electrify a 3,000-kilometer railroad that might cost up to €3 billion ($3.7 billion), the company’s First Deputy CEO Alexander Misharin said on Monday.
EghtesadOnline: A cargo train from Russia loaded with 330 tons of wood worth around $132,000 arrived in Iran’s northern border city of Astara on Saturday, the governor of the city, Younes Ranjkesh, said.
EghtesadOnline: Russian Foreign Minister Sergey Lavrov slammed US biased approach toward Iran, saying Iran is not the only country expanding a ballistic missiles program.
EghtesadOnline: Tehran hopes to sign contracts with Russian oil and gas companies in 2018, as there is noticeable progress in its cooperation, particularly with Rosneft and Gazprom, Iran's ambassador to Russia said.
EghtesadOnline: The funds attracted from the Eximbank of Russia will be mainly used for implementing infrastructure projects and not importing consumer goods, the director of the Organization for Investment, Economic and Technical Assistance of Iran announced.
EghtesadOnline: Russia’s company Technoros, specializing in the development of ore quality control systems, will supply its technologies and ore pretreatment equipment to Iran, the firm’s general director said.