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Iranian president to visit Russia

30 January 2017 17:42 (UTC+04:00)
Iranian president to visit Russia

Iranian President Hassan Rouhani plans to pay a visit to Moscow in the near future, Iran's Ambassador to Russia Mehdi Sanai said on January 30.

He said the visit details are being planned currently, the Iranian website YJC reported.

Earlier Rouhani was expected to visit Moscow in January.

Moscow and Tehran have managed to maintain a strategic alliance and close political and military ties. Iran and Russia have recently voiced their intention to develop all-out cooperation in the energy sector - from swapping oil and gas to involving Russian companies in the development of Iran's oil and gas fields.

Russian companies are keen on participating in the development of oil and gas fields in Iran and eye projects for increasing Iranian oilfields’ recovery rate.

The two had quite limited economic cooperation until recently, as the goods turnover heavily amounted to $1 billion a year.

The goods turnover between Russia and Iran increased by 80 percent in 2016. Iranian sources say in the first seven months of the current solar year (that end on March 20), Iran exported to Russia goods worth $86.5 million.

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