Russia, Iran Have Potential To Increase Bilateral Trade - Minister

Sumaira FH Published June 16, 2019 | 11:20 AM

Russia, Iran Have Potential to Increase Bilateral Trade - Minister

TEHRAN (UrduPoint News / Sputnik - 16th June, 2019) The Russian-Iranian trade exceeded $1.7 billion in 2018, but the two countries have a potential to increase this indicator, Russian Minister for North Caucasus Affairs Sergei Chebotarev said on Sunday.

"In 2018, the bilateral trade exceeded $1.

7 billion, and it grew compared to 2017," Chebotarev said at a conference in the Iranian capital of Tehran.

The minister noted that this volume was very modest adding that Russia and Iran had a "much higher potential" in this field.

According to Chebotarev, the two sides must do everything possible to achieve a new level in bilateral trade.

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