Moscow: The 18th session of the Iran-Russia Joint Economic Cooperation Commission has commenced in Moscow, with a focus on enhancing bilateral collaboration in critical sectors such as energy, transportation, and trade. The event, which spans two days, began on Wednesday with technical meetings involving expert discussions aimed at drafting several partnership agreements.

According to Islamic Republic News Agency, the meetings have seen working groups actively engaged in preparing the documents, which are set to be reviewed by the commission's co-chairs-Iran's Oil Minister Mohsen Paknejad and Russia's Energy Minister Sergei Tsivilev. The ministers are expected to sign the concluding agreement at the end of the session, marking a significant step in strengthening economic relations between the two nations.

Key issues on the commission's agenda include the establishment of an Iranian gas hub, the facilitation of Russian gas exports to Iran, cooperation on peaceful nuclear energy projects, development of the North-South Transport Corridor, and the enhancement of financial, trade, and agricultural exchanges. These topics reflect the strategic importance both countries place on their economic partnership and their commitment to expanding it.

The previous session, held in Tehran from February 26-28, 2024, resulted in a final agreement and the signing of 18 additional cooperation documents, underscoring the ongoing efforts to build a robust economic framework between Iran and Russia.