Tehran: Head of Pardis Technology Park Mehdi Saffarinia has announced that six international agreements worth $2 billion were signed on the sidelines of INOTEX 2025, an event that spanned four days.

According to Islamic Republic News Agency, these agreements underline Pardis Technology Park's commitment to bringing competitive products to market. Saffarinia noted that the park has already secured $3.5 million in private funding to support its ventures.

In a significant development, Iran and Russia signed a memorandum of understanding (MoU) in the technology sector. This agreement aims to establish two joint zones dedicated to technology and trade development. The MoU outlines plans for advancing technologies and conducting joint research in fields such as nanotechnology, biotechnology, health, information and communication technology (ICT), artificial intelligence, renewable energy, and oil and gas.

Additionally, a meeting took place involving Russian Presidential Aide Andrei Fursenko, Saffarinia, and Head of the Organization for Development of International Science and Technology Cooperation (ODISTC), Hossein Roozbeh. During this meeting, they emphasized the importance of developing emerging technologies. Saffarinia highlighted that Russian companies have the opportunity to establish offices in Pardis Technology Park, and discussions are underway regarding the establishment of branches of Russian universities in Iran as part of the technological collaboration with Russia.