Moscow: Dmitry Peskov, the press secretary of the President of the Russian Federation, has praised the outcomes of the Joint Economic Cooperation Commission of Iran and Russia, which was recently hosted in Moscow. He emphasized that the development of relations between the two countries is mutually beneficial.

According to Islamic Republic News Agency, Peskov stated that Russia views its relations with Iran as being based on participation and mutual benefits. The 18th Joint Commission on Economic Cooperation of Iran and Russia took place in Moscow on May 9, with the participation of Oil Minister Mohsen Paknejad and Minister of Energy of the Russian Federation Sergey Tsivilev. During the commission, the two sides signed a final document aimed at developing economic cooperation.

Tsivilev noted that Russia’s annual trade with Iran had increased by 16.2%, reaching $4.8 billion in 2024. He described Iran as a reliable partner and highlighted a strategic partnership deal signed on January 17, which has marked 2025 as an important year in bilateral relations. Tsivilev also emphasized that the active dialogue between Tehran and Moscow is a key driving force in their relations.

Meanwhile, Paknejad remarked that the potential for trade exchanges between Tehran and Moscow is significant and exceeds the current figures. He pointed out that Iran and Russia have extensive opportunities for cooperation in areas such as energy, finance and banking, agriculture, and the trade of oil and gas products.