Russia expresses willingness to finance Iran’s steel, oil, and petrochemical industries

Special Assistant to the President of Russia Igor Levitin confirmed Russia’s readiness to invest in various sectors of the Iranian economy, including steel, oil and petrochemicals.

During a meeting with the Secretary of the Supreme National Security Council of Iran, Ali Shamkhani, Levitin presented a report on the latest developments related to trade and banking relations and joint economic projects between his country and Iran, stating: “Russia, with its emphasis on implementing joint plans and projects in the shortest terms, especially in the field of transit, is ready to invest in various sectors of the Iranian economy, including steel, oil and petrochemicals.

Referring to the numerous and continuous visits of representatives of the economic and banking circles of the two countries, Levitin said: “In addition to the important steps that have been taken to intensify bilateral economic cooperation, there are suitable grounds for concluding multilateral economic agreements and attracting other countries of the region to participate in profitable economic projects. “.

The meeting discussed the process of implementing the agreements between the two countries in various economic and banking areas, especially the acceleration of the implementation of the North-South corridor.

It is noteworthy that during Levitin’s visit to Iran a few months ago, the two countries agreed that the remainder of the strategic corridor between north and south, which is the Rasht-Astara railway (northern Iran), will be built with direct Russian participation. attachments.

Source: Faris

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