A trade delegation from Russia’s Sakha Republic led by the state’s Deputy Prime Minister Kirill Bychkov visited Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) on Tuesday to meet with Tehran private sector representatives and to explore avenues of mutual cooperation.

As reported by the TCCIMA portal, the meeting was attended by Head of Iran Export Confederation Mohammad Lahouti, TCCIMA Deputy Head for International Affairs Hesamedin Hallaj, and the economic representative of the Russian Embassy in Tehran as well as managers of some Iranian companies.

Cooperation in various fields including foodstuff, woodwork, oil and gas, information and communication technology, precious stones, and construction were among the issues raised and discussed by the two sides in this meeting.

Addressing the gathering, Lahouti pointed to the beginning of a new era of economic cooperation between Iran and Russia after the recent visits of the presidents of the two countries and expressed hope that these meetings would increase the two sides’ economic exchanges.

Referring to the imposition of sanctions against Iran and Russia, Lahouti said: “Cooperation between the two countries can help neutralize the sanctions.”

He stated that Russia, as Iran’s largest northern neighbor, can be a corridor for the expansion and development of Iran’s foreign trade, and in return, the country can benefit from Iran’s capacities to increase its trade interactions.

Lahoti underlined the creation of a joint financial channel for the transfer of funds as one of the solutions for developing relations under sanctions and said: “Changing the model of bilateral cooperation from export and import to joint cooperation such as swapping, re-export, and joint production is a necessity. Therefore, in order to achieve the mentioned goals, it is necessary to establish joint industrial and commercial committees between the two countries.”

The official who is also the head of the TCCIMA Trade Facilitation and Export Development Committee said: “Having 30,000 active members TCCIMA is ready to take the lead in creating these joint committees.”

Elsewhere in the gathering, Bychkov, in his turn, pointed out the potential fields of cooperation between the Russian and Iranian private sectors and stated that there is a bright perspective for the future of economic cooperation between the two countries.

“Sakha is the largest region of the Russian Federation and its area is equal to that of India,” he said.

According to Bychkov, Russia’s largest gas fields are located in the Republic of Sakha, and despite its large size, the region has a very small population.

“The volume of foreign trade of this state was five billion dollars last year, which was 60 percent more than the same period of the preceding year. This state has also been ranked first in the Russian Federation in terms of attracting foreign capital,” he said.

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In meeting with commercial attache of Turkey’s consulate in Tabriz, Mr. Kami said currently Turkish investors are busy in different provinces of Iran especially in East Azarbaijan that Tabriz Chamber of Commerce has played a key role in this bilateral connection.

He reiterated the existing problems have not let the trade between the two countries hit $30b while everybody knows that in the past the bilateral trade between the two states hardly hit $22m.

He then pointed to the cultural and social commonalities between the two countries and said Tabriz is the focal point in Iran’s trade with Turkey and there have been always strong bond between the traders of Tabriz and Turkey.

Kami also called for presenting and educating regulations regarded to the business for the economic activists of the other sides and called for resolving the current problems at Bazargan check points and referring them to the Turkish officials.

Then Turkish commercial attache at Turkey’s consulate in Tabriz Mr. Tahir Dingil, for his part, blamed the pandemic as the main reason for the decline in the trade exchanges and exchange of trade delegations between the two states and said now with reopening of borders, it is possible to exchange trade delegations.

Regarding the current problems at the Bazargan border check point, he said this problem will be definitely reported to the officials in Ankara and solution for them will be asked.

He also emphasized getting required information by traders of both sides and reiterated that traders of the two countries should put aside the short-term trade approach and seek a long-term one.

He also called for resolving major problems for bilateral trade like the problem of money transfer and lack of information about the laws and regulations of trade by both sides.

Then Dingil and Kami called for holding bilateral wbinars between the business activists of the two state as well as exchange of trade delegations.

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