Iran, Russia finalize historic customs agreement
Customs departments of Iran and Russia have agreed on launching the 'green customs corridor' connecting the two countries.
An agreement to this effect was finalized during the visit of First Deputy Head of the Federal Customs of the Russian Federation Vladimir Malinin to Tehran and his meeting with the Governor of Iran Customs Administration (ICA) Masoud Karbasian on March 1, said an ICA press release.
It said the most important item in the agreement is export of Iran's agriculture products to Russia stipulating that such items will be placed with priority in Russia's green customs corridor, IRNA news agency reported.
Malinin said that Russia has not so far settled the customs with any country with such a speed it did with Iran.
The agreement also lays down expansion of transit between Iran and Russia which includes the facilities to be provided by the green customs corridor.
Karbasian said the agreement will increase bilateral trade between Tehran and Moscow ten times and the value of joint bilateral projects will rise to $30 billion.