Iran, Russia to hold 1st Joint Energy Committee meeting next week

December 7, 2016

TEHRAN – Chaired by Iran's Deputy Oil Minister Amir-Hossein Zamaninia and Russian Deputy Energy Minister, the first Iran-Russia Joint Energy Committee meeting is due to be held in Tehran on December 12, Shana reported on Wednesday.

As a subsection of the 13th Iran-Russia Joint Economic Committee meeting which is scheduled to be held from December 11 to 13, the first joint energy meeting aims to boost cooperation in this sphere.

Iranian Communications and Information Technology Minister Mahmoud Vaezi and Russian Energy Minister Alexander Novak are to co-chair the 13th Iran-Russia Joint Economic Committee meeting.

Heading a 300-member trade delegation Novak will leave Moscow for Tehran to attend the 13th joint economic meeting on December 11.

According to Mehdi Sanaie, Iran’s ambassador to Moscow, Vaezi and Novak will sign several documents under the framework of the 13th Joint Economic Committee meeting among which a €1.289 billion agreement for the construction and commissioning of four units of thermal power plants in Iran’s southern city of Bandar Abbas as well as agreements on standardization, metrology and assessment of goods can be mentioned.

Iran and Russia have been trying to revive their sanction-hit economic ties in past few years so that according to new statistics the value of trade between the two countries in the first nine months of 2016 has increased by 70 percent compared to the same period in 2015.

EF/MA

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