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Iran, Russia emphasise boosting agricultural ties

Business Materials 29 October 2013 12:45 (UTC +04:00)

Azerbaijan, Baku, Oct.29/ Trend F.Karimov/

Iran and Russia have called for bolstering ties in the agriculture sector, IRIB reported.

In a meeting between representatives from the Iranian parliament (Majlis) and the Russian parliament in Moscow, the two sides emphasised removing hurdles to expand cooperation in the field of agriculture.

Considering that Russia imports large volumes of agricultural products from Europe and the fact that it can import the products at more reasonable prices from Iran, there is an opportunity for expanding trade ties in this field between the two countries, Nasser Salehinasab, the head of the Majlis agriculture committee said in the meeting.

He also urged Iran and Russia to cooperate in the fields of natural resources and environment protection, especially in the Caspian Sea region.

Russian Ambassador to Iran Levan Dzhagaryan has said that the two countries are willing to give a boost to their bilateral trade.

In February 2012, Iran and Russia signed two deals for boosting bilateral trade in Moscow.

In June 2012, former Iranian Industry, Mines and Trade Minister Mehdi Ghazanfari said that annual trade between Iran and Russia is currently around $4 billion, but the two countries have the potential to raise it to $8 billion.

In January 2012, Iran and Russia started using the rial and the rouble in their trade exchanges and dropped the U.S. dollar.

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