Jun 22, 2023, 12:03 PM
News ID: 85148146
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Iranian firms double their presence in business fairs in Moscow

Jun 22, 2023, 12:03 PM
News ID: 85148146
Iranian firms double their presence in business fairs in Moscow

Moscow, IRNA – A Russian official has announced that the number of Iranian companies attending business and trade exhibitions in Moscow has doubled during the first five months of 2023 compared to the same period last year.

Acting Director General of Russia’s EXPOCENTRE Alexey Vyalkin said at a preliminary meeting held in Moscow on Wednesday that the increased presence of Iranian firms in fairs in Moscow indicates a willingness to expand trade ties with Russian trade partners. 

Vyalkin made the comments in a preparatory meeting ahead of the second edition of Tehran- Eurasian Economic Union (EAEU) exhibition.

He underlined that Iran and Russia have exchanged some important trade delegations this year to upgrade the level of economic cooperation between the two countries.

 'Iran companies participation in Moscow expos double'

Like Iranian companies that are willing to have access to the Russian market, the Russians are after having increased presence in Iran and in other Asian countries, Vyalkin added.

He said that Moscow supports the participation of Russian companies in the Tehran EAEU exhibition slated to take place early December this year.

Iran’s Ambassador to Moscow Kazem Jalali, who was also present in the meeting, invited companies in Russia and in other Eurasian states as well as companies from countries of Shanghai Cooperation Organization and the Persian Gulf region to take part in the exhibition.

According to remarks of the director of the Tehran EAEU exhibition, Ali-Reza Jafai, the international gathering is to be held  in the Iranian capital on December 4 for four days.

Belarus, Kazakhstan, Russia, Kyrgyzstan, and Armenia are members of the EAEU, while Uzbekistan, Moldova, and Cuba are the Union observers.

A draft of agreement between Iran and Eurasia was written and signed in July 2017. The two sides have been holding talks to sign a free trade agreement since the second half of 2021.

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