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Iran-Russia economic commission preparing for meeting

Business Materials 11 November 2016 11:50 (UTC +04:00)

Baku, Azerbaijan, Nov. 11

By Emil Ilgar – Trend:

Iran-Russia Joint Economic Commission will hold a meeting Nov.13 in Tehran, Shana news agency reported.

Russian Energy Minister Alexander Novak and Iranian Minister of Communications and Information Technology Mahmoud Vaezi who are the co-chairs of the Russia-Iran Joint Economic Commmission, would lead the meeting.

During the meeting, a range of issues including energy, industry, agriculture, banking, transportation, education, aerospace and animal husbandry would be discussed.

Iran and Russia plan to increase the trade turnover to about $10 billion. The figure was about $4 billion, before Iran got hit by sanctions in 2012, but it plunge d to $1 billion in 2013 and raised back up to $2.2 billion in 2015.

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