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Iran wants its ships to use Russian waterways

Business Materials 1 September 2016 15:22 (UTC +04:00)

By Fatih Karimov – Trend:

Baku, Azerbaijan, September 1

The Islamic Republic Ambassador to Moscow Mehdi Sanaei has requested that the Iranian ships to be permitted to use Russian waterways.

Iranian ships’ traffic in Russian waterways will pave grounds for boosting trade ties between the two countries, Sanaei said, IRNA news agency reported September 1.

The Iranian diplomat made the remarks during a meeting with Alexei Molozhavenko, general director of Volgograd River Port.

There are various grounds for expanding mutual cooperation, in particular in transportation sector including marine transportation which will contribute to boosting trade value, the Iranian diplomat said.

Last month Asadollah Asgaroladi, head of Iran-Russia Joint Chamber of Commerce, said that trade turnover between the two countries has reached $1.5 billion, forecasting that the figure will be doubled by end of current fiscal year (March 2017).

The trade turnover between Iran and Russia in 2009 was $1.2 billion which sharply dropped following Western imposed sanctions on Iran.

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