Iran, Russia to set up economic parliamentary commission

Moscow, May 17, IRNA – Chairman of Majlis (Iranian Parliament) Economic Commission Mohammad Reza Pourebrahimi said on Wednesday that Iranian and Russian parliaments will establish economic cooperation commission, as their governments do.

Talking to IRNA in Moscow on Wednesday, he added that there is a vast ground for bilateral parliamentary cooperation.

'We have proposed establishing joint economic commission in the two countries’ parliaments,” he said, noting that the commission can serve as a complementary to Iran-Russia parliamentary cooperation.

As the Russians are under US sanctions as the Iranians are, promoting economic cooperation will benefit both nations, he said.

Elsewhere in his speech, Pourebrahim said that Iran and Russia are operationalizing digital currency to bypass sanctions.

An Iranian parliamentary delegation is in Russia in a bid to broaden economic collaboration between the two countries, he said.

The MP also hailed Tehran-Moscow cooperation in the security issues and fighting terrorism in Iraq and Syria.

Pourebrahimi also opined that the level of Tehran-Moscow economic cooperation is low compared to other arenas.

US withdrawal from the JCPOA has created new conditions wherein cooperation between the two countries gains further momentum, he said.

He also announced Majlis Speaker Ali Larijani’s imminent visit to Moscow at the invitation of his Russian counterpart Vyacheslav Volodin.
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