Iranian Minister of Industry, Mining, and Trade Mohammad Reza Nematzadeh said the Islamic Republic is ready to develop its economic and trade cooperation with the Republic of Tatarstan.
Nematzadeh welcomed bilateral cooperation in a meeting with Tatar President Rustam Minnikhanov in Tehran on March 10, Iran's official IRNA news agency reported.
The Republic of Tatarstan is a federal subject of Russia located in the Volga Federal District. Its capital is the city of Kazan.
Nematzadeh said Tatarstan is active in new technologies, oil, gas, and electronic industries and can cooperate with Iran in these fields.
Meanwhile, Tatar president said his country would like to increase trade exchanges with Iran, adding that Tatarstan is a hub of oil and industry in Russia.
He said Tatarstan has capacities in oil extraction, machine building, ship building, technology parks, robot industry, and bio-technology, which can make opportunities for more cooperation with Iran.
President Minnikhanov said Kazan is a great center of education in Russia and over 180 thousand students are studying in Kazan universities of which some are Iranian.
He called for more cooperation with Iran in the fields of holding film festivals, putting on exhibitions, arranging sports events, and other social activities.