19th Iran–Russia Economic Commission to Be Held in Tehran

19th Iran–Russia Economic Commission to Be Held in Tehran
(Wednesday, January 28, 2026) 16:08

TEHRAN, Jan 28 (NIPNA) – The 19th Joint Economic Commission between Iran and Russia will be hosted in Tehran from February 16–18, with Iran’s Petroleum Minister Mohsen Paknejad and Russia’s Energy Minister Sergei Tsivilev co-chairing the meetings.


Seyed Ali-Mohammad Mousavi, Deputy for International and Commercial Affairs at the Iranian Ministry of Petroleum, stated that the agenda will cover a broad spectrum of cooperation, including the North–South International Corridor, gas supply from Russia to Iran, and joint projects in space, nuclear energy, trade, banking, customs, industry, mining, agriculture, health, culture, tourism, science, and technology.

Expert-level working groups will meet during the first two days to address challenges and finalize a roadmap for future collaboration. The final memorandum of understanding will be signed by the co-chairs at the conclusion of the commission.

Mousavi emphasized that current trade volume between Iran and Russia is about $5billion annuallygrowing but not reflective of the strategic partnership. The upcoming commission aims to leverage existing capacities to expand trade and deepen bilateral ties, consistent with agreements such as the Comprehensive Strategic Partnership Treaty and the Iran–Eurasian Economic Union free trade agreement.

He also noted that of 193 items in the 18th commission’s memorandum, 110 are already under implementation, underscoring the ongoing progress and strategic importance of these regular bilateral economic and energy meetings.

 


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