Russia to launch direct flights to Iran’s northern provinces

Business Materials 23 September 2014 14:21 (UTC +04:00)

Tehran, Iran, Sept. 23

By Milad Fashtami - Trend:

Russia will launch direct flights from its southern regions to Iran's five northern provinces.

Head of Iran-Russia Joint Chamber of Commerce Assadollah Asgaroladi said that Gilan, Mazandaran, Ardebil, Golestan, and West Azarbaijan are the mentioned five Iranian provinces, Iran's ISNA News Agency reported on September 23.

"Iran and Russia's trade has increased in the past 15 days after signing a memorandum of understanding," he explained.

He went on to note that Bank Melli of Iran's branch in Moscow has facilitated money transfers.

"A Russian bank is also active in transferring money between Iranian and Russian businesspersons," he said.

It was previously reported that Tehran and Moscow plan to launch a joint bank in near future. Head of Tehran Chamber of Commerce Yahya Al-e Es'haq said on September 22 that bank would facilitate money transfers.

"The Iranian and Russian businesspersons can use domestic LCs in the short term, until the joint bank starts its work," the official said. "The western sanctions imposed on Russia have created a great opportunity for Iranian goods to enter Russian market."

Iran's Agricultural Jihad Ministry announced last week that it is studying Russia's request to import Iranian agricultural products.

The Russians have reportedly requested for exporting 60 items from Iran, Iran's ISNA News Agency reported on September 13.

The request follows Moscow's decision to put ban on most agricultural imports from many countries including the European Union countries, the United States, and Canada.

During the Russian delegation's visit to Tehran previous week, the country officially requested Tehran to increase its agricultural exports to Moscow in order to meet the country's domestic demands.

Iran now says is considering the request since some of the listed items such as bananas, pineapples, and coffee are not being produced in Iran.

Russian energy minister said on September 10 that Moscow is willing to import necessary goods from Iran, while exporting Tehran's needed items to the county.

Iran and Russia signed a memorandum of understanding for cooperation on September 9.