The construction of Garmsar-Ince Bouron Railway and construction of four thermal power plants in Hormozgan province in southern Iran were also among the issues which were discussed in the two ministers’ phone conversation.

The officials also emphasized the need to accelerate the ongoing joint projects, and in this regard they agreed that in the 15th Iran-Russia Joint Economic Committee meeting, the two sides set up 10 specialized working groups and three working committees to follow up on the progress of such projects.

It was also agreed for the two countries’ businessmen and entrepreneurs to hold B2B talks on the sidelines of the upcoming event in order to explore avenues of mutual cooperation.

The 15th Iran-Russia Joint Economic Committee meeting, the second Iran-North Caucasus trade conference, and the third provincial co-operation working group of the two countries are due to be held during June 16-18, in Tehran and Isfahan.

The post Iran, Russia discuss holding 15th Joint Economic Committee meeting appeared first on Iran News Daily.

Novak said planning even a few months ahead is tough due to possible sanctions-related volatility, adding that the country imposing sanctions — an apparent reference to the United States — was doing so in order to promote its own goods.

In November 2018, The Trump administration reimposed the sanctions which were lifted under the nuclear deal, reached under former President Obama.

The sanctions targeted Iran’s oil sector, financial transactions and banks, as well as shipping and ship-building industries in order to cut off the country’s revenue sources.

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