Iran paving way for broader presence of Iranian firms in Russian market

Iranian Ambassador to Moscow Mehdi Sanayee announced that President Hassan Rouhani's government is resolved to help the country's companies to increase their presence in the Russian market.
"Iranian embassy in Moscow has made its utmost efforts to pave the way for the presence of the Iranian companies in Russia," Sanayee told a meeting with Iranian company directors attending Russia's Interplastika Exhibition in Moscow on Saturday.
The Iranian ambassador noted that the embassy considers broadening of ties with Russia in economic and trade fields to be as important as expansion of political and cultural relations.
"President Rouhani's government pays special attention to the expansion of ties with Russia and the embassy is also making a lot of efforts in this regard," Sanayee added.
A sum of eight companies from Iran participated in the Interplastika exhibition in the Russian capital and they signed 32 memoranda of understanding (MoU) with the Russian companies during their stay there.
Earlier this month, Sanayee said that his country has carried out all preliminary steps for the promotion of ties with Moscow, and called for the implementation of previously signed agreements.
Sanayee emphasized the need for both Tehran and Moscow to take giant strides towards a full scale mutual cooperation.
Earlier this week, Sanayee announced that Tehran and Moscow have a plan to establish a joint bank to ease bilateral trade through using their national currencies.
“Both Tehran and Moscow are resolved to establish a joint bank, or joint account, in order to pave the ground for using rubles and rials for their commercial interactions,” Sanayee told Ria Novosti in an interview.
The Iranian ambassador added that relations between Moscow and Tehran “are actively developing” and that 2014 was “a very fruitful year” for both countries.
Over the last several years, Iran and Russia have had vast cooperation in different fields, specially in political and economic spheres.