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Iran, Russia to sign livestock, fishery deal

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Staff writer ▼ | October 16, 2014
Iran fish
Next month   The protocol handed over to the Russian side

Tehran and Moscow plan to sign a contract to increase their cooperation in agricultural fields, specially export of Iran's livestock and fishery products, to Russia.

"The protocol on export of livestock and fishery products has been handed over to the Russian side and it will be signed within the next one month," Iranian Deputy Agricultural Jihad Minister Hassan Younes said, addressing the Iran-Russia Trade Conference in Tehran on Wednesday.

He noted that promotion of Halal products and setting up Iran' Trade Center in Moscow can also be discussed with the Russian officials in Moscow as the two sides prepare to sign the cooperation agreement.

The word halal means permitted or lawful. Halal foods are foods that are allowed under Islamic dietary guidelines.

Sinaki pointed to dairy products, dried fruits, vegetables, chicken and egg as among other items for Iranian export to Russia.

Speaking at the same conference earlier today, Iranian Deputy Minister of Industries, Mines and Trade Mojtaba Khosrowtaj declared the contents of a trade agreement signed recently between Tehran and Moscow.

"Setting preferential tariffs for some goods, exports guarantee permits and visas for businessmen are among the topics of our agreement with Russia," Khosrowtaj said.

He reiterated that the two countries have agreed that their private sectors should play a more active role in trade exchanges between the two countries, and said, "A Russian bank is presently active in importing goods from Russia and the two countries' central banks are negotiating to involve more banks in the two countries' trade exchanges."

Khosrowtaj pointed to Russia's over 800-billion-dollar foreign trade balance, and said, "Russia's exports volume exceeded $500 billion in 2013 and it imported around $300 billion worth of commodities in the same period which was a big market for the European and American countries and now this capacity has been released to Iran."

He referred to the visa barrier as another topic touched in the agreement between the two countries, and said the two states have agreed to facilitate visa issuance for each other's nationals.

The deputy trade minister further pointed to Moscow's needs to farming and agro imports from Iran, and stated, "Russia has taken up to prepare a list to inform the Iranian companies of its needs to basic and agricultural products."

Khosrowtaj noted that supply of basic and raw materials for the production of different aluminum sheets, iron sheets and timber is also among the other areas that Iran's private sector can help Russia.

Iran-Russia trade currently totals $5bln a year, but economists say the two countries can multiply the volume of their trade exchanges.

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