Publish Date: 15 February 2024 - 01:25

Tehran, IRNA- Iran’s Finance Minister, Ehsan Khandouzi in a meeting with Rustam Minnikhanov, the visiting president of Russia's autonomous republic of Tatarstan said the Islamic Republic has started the process of joining the BRICS bloc and serious measures are being taken by the ministry to use this new capacities.

Khandouzi made the remarks in reference to the upcoming BRICS summit in Kazan which is the capital of Tatarstan. He also highlighted the growing cooperation between the Republic of Tatarstan and Iranian provinces.

“In implementing the main policy of the Iranian president, which is to expand substantive relations with neighboring Russia, we follow this policy in a more special way regarding the Republic of Tatarstan”, Khandouzi on Wednesday.

The minister also told Minnikhanov that another aspect of the importance of the relationship between the Islamic Republic of Iran and Tatarstan is related to the role he would play during the BRICS summit in Kazan.

“As you know, Iran has recently started the process of joining this economic bloc, and in the Finance Ministry, we have started serious programs and measures to use the new capacities”, he underlined in reference to the country officially joining BRICS in January.

Khandouzi also stressed the need for long-term and stable institution-building in order to make the most of this two-way capacity and hailed Minnikhanov for providing good help in this regard, especially for the opening of 'Mir Business Trade Center’ and allowing Iranian companies in Tatarstan that he said would help boost bilateral relations.

Minnikhanov, for his part, appreciated the hospitality of the government and the people of Iran showed to him and his accompanying delegation.

"The new situation in international relations makes us more in touch with each other," he pointed.

Referring to the cultural and religious commonalities between Iran and Tatarstan, he said that there are many areas for the growth of economic and cultural relations and that the two sides need to take necessary measures to use these capacities.

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