Russian Market Needs Iranian Products


Peyman Pak, the head of the Trade Promotion Organization, said: the establishment permit for an Iranian trade center in Russia has also been issued, and this complex is supposed to help Iranian businessmen in currency transfer, insurance and legal services, financial exchanges, business communication and all measures needed by businessmen for export and import goods. In fact, this complex will act as the commercial embassy of the Islamic Republic of Iran in Russia, Aras Free Zone Public Relations & Intl. Affairs reported.

Regarding the use of cryptocurrencies to facilitate trade between the two countries, Peyman Pak has said: We have reached good agreements with the Russian side on the use of cryptocurrencies so that we can deal with sanctions and have the necessary confidence in transactions. Currently, we have preferential trade for 700 items, which has been extended for one year. It is also possible that 80% of the goods exchanged between the two countries will be zero tariffs under the title of free trade.

Referring to the needs of the Russian market, Jalali, Iran's ambassador to Russia, states: Russians are very interested in buying construction materials from Iran, while Russia's aquatic imports are 5 billion dollars a year, and this country needs fish and shrimp. Also, the leather, bag, shoes and clothing industry has a very good market in Russia.

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