Tehran: Part of $40bn Memorandum of Understanding with Russia is on the verge of implementation

The Iranian Parliament’s Committee on National Security and Foreign Policy confirmed that the $40 billion portion of the memorandum of understanding between Iran and Russia is on the cusp of implementation.

Abolfazl Amui, a spokesman for the National Security and Foreign Policy Committee of the Iranian Parliament, said: “One of the topics discussed during the visit of Russian President Vladimir Putin to Tehran was cooperation between Iran and Russia in the field of technologies to exploit joint reserves of deposits, and this is the case. serves our national interests.”

Abu Al-Fadl Amoei added: “A $40 billion memorandum was signed between the Russian side and the Iranian Ministry of Oil, which needs further study before turning into a project contract between the two parties, but despite this, part of this document is under consideration. implementation threshold.

Source: SNN, Iranian Student News Agency.

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