Iran, Russia Discuss Comprehensive Deal On Long-Term Cooperation

Iran, Russia Discuss Comprehensive Deal On Long-Term Cooperation

Andrew H. Sweet

Referring to the two countries' common positions on bilateral, regional, and international issues, Iran's President Raisi welcomed Russia's initiative for stability and peace in the Caucasus region. He also stressed in the telephone conversation that "any change in the geopolitical state and changing the borders of the countries in the region is not acceptable."

During the meeting, major Russian companies were introduced to the Iranian side to cooperate in various sectors, including production, trade, and export.

The value of trade between Iran and Russia stood at $1.168 billion between March 21 and October 22 this year, of which $317 million was Iran's exports to Russia and $851 million was the share of imports from Russia.

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