Iran considers North Caucasus as gateway of exports to Russia: Minister
Iranian Energy Minister Reza Ardakanian says the souther Russian republics that form the North Caucasus region are the main point of entrance of Iranian goods to Russia.
Iran says the North Caucasus is the gateway for the export of Iranian goods and commodities to Russia.
“The North Caucasus is an important and key region for development of Iran-Russia ties and its is the gateway of export Iranian goods to Russia and vice versa,” said Iranian Energy Ministry Reza Ardakanian on Sunday, addressing the second joint economic and trade cooperation commission between Iran and North Caucasus (Russia’s southern provinces) in the Iranian capital Tehran.
The North Caucasus or Ciscaucasia is the northern part of the Caucasus region between the Sea of Azov and Black Sea on the west and the Caspian Sea on the east, in Russia.
Geographically, the Northern Caucasus includes the Russian republics of the North Caucasus, that is, Krasnodar Krai, Stavropol Krai, the Republic of Adygea, Karachay–Cherkessia, Kabardino-Balkaria, North Ossetia–Alania, Ingushetia, Chechnya, and the Republic of Dagestan.
The Iranian minister stressed that the region’s potentials need to be activated using the common backgrounds such as historical and cultural features.
“Iran is trying to connect its internal railways to those of the neighbours. The project has started by the inauguration of the 165-km Qazvin-Rasht rail road,” noted Ardakanian, stressing that North Caucaus is the juncture of North-South transit corridor.
Should Rasht be connected to Astara on the border with Azerbaijan, the south-north transit corridor will be finished in Iran.
Ardakanian also mentioned that both Iran and Russia are prepared to connect their internal banking networks (Shetab in Iran and Mir in Russia). The move will facilitate the use of Iranian rial and Russian ruble in their bilateral trade, he said.
He stressed that he Iran can also turn into a transit hub for Russian and Kazakh wheat.
The Iranian energy minister believes that more efforts should be taken to link Iranian national grid with that of Russia through Armenia and Georgia.
source: otaghiranonline.ir
Top News
Six last month
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Gold price faces worst week since 2021 as Fed signals no rate-cut rush
Gold loses some luster after Trump’s decisive win
Iron ore price flirts with key $100/t level on firm demand, China stimulus hopes
Hedge funds slash bullish wagers on gold over Trump election win
Resolute Mining says it will pay Mali $160 million in tax dispute
Families gather at South African mine shaft where hundreds are feared stuck underground
Higher silver supply to reduce global deficit by 4% in 2024
Sierra Leone woos miners to clean energy with $11 billion plan
Alrosa plans production cuts and staff reduction for 2025
Chile’s rare salt flat fish face threat from lithium mining project
Endeavour Silver raises $73m for Pitarrilla project
BHP to spend up to $14 billion on Chilean copper expansion
Chile’s rare salt flat fish faces threat from lithium mining project
British Columbia creates new mining ministry to tackle critical minerals amid doubts over capacity
China’s germanium, gallium ban could cost the US $3.4 billion
South Africa police standoff with illegal gold miners escalates
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Sierra Leone woos miners to clean energy with $11 billion plan
Alrosa plans production cuts and staff reduction for 2025
Chile’s rare salt flat fish face threat from lithium mining project
Endeavour Silver raises $73m for Pitarrilla project
Chile’s rare salt flat fish faces threat from lithium mining project
British Columbia creates new mining ministry to tackle critical minerals amid doubts over capacity
Newmont sells Ontario gold mine to Orla for $850 million
