Russian officials in Iran to boost economic ties
TEHRAN, Iran (AP) — Russian officials have traveled to Iran's capital to boost economic ties between the two countries.
Iran's Oil Minister Bijan Zanganeh and Alexander Novak Minister of Energy of Russian Federation oversaw a meeting Tuesday of businessmen in Tehran, calling on them to increase trade.
Zanganeh said: "God willing, we will quickly increase the level of relations up to more than 10 times."
Novak expressed the readiness of Russia for industrial cooperation, saying: "We have a lot of capabilities to strengthen our cooperation in the fields of electricity, natural gas, oil — as well as nuclear plants and aircraft parts and other equipment."
Last year, trade between the two countries was about $1.5 billion.