News / Politics

Iran, Russia sign seven MoUs as GECF wraps up in Tehran

Monday, 23 November 2015 8:33 PM [ Last Update: Monday, 23 November 2015 10:50 PM ]

Iran’s President Hassan Rouhani (R) shaking hands with Russian President Vladimir Putin ahead of talks in Tehran on November 23, 2015 (IRNA)

Iranian and Russian officials have signed seven Memorandums of Understanding (MoU) on the sidelines of the 3rd Gas Exporting Countries Forum (GECF) held in Iran’s capital Tehran.

During a press conference held after the GECF concluded on Monday, Iran’s President Hassan Rouhani announced that the signing of the MoUs shows that bilateral cooperation between Russia and Iran is moving towards further development.

The conditions after signing the Iran nuclear agreement have created a suitable environment to develop the Tehran-Moscow relations, he added.

On July 14, Iran and the P5+1 group of countries – the United States, Britain, France, China and Russia plus Germany – finalized the text of the the Joint Comprehensive Plan of Action (JCPOA) on Tehran’s nuclear program in the Austrian capital Vienna.

Rouhani noted that investments in Iranian and Russian public and private sectors could be “one of the important pillars” for developing these relations.

“There are also an abundance of projects in various economic fields which can bear fruit in joint partnership,” Rouhani said, adding that there are also many projects in the fields of energy, oil, gas and electricity for mutual cooperation between the two countries.

Following the signing of the documents, Rouhani said that during talks with Putin it was agreed to further expand cooperation in the battle against terrorism, which he said was a “threat for the region and the world.”

Describing as “serious” the Islamic Republic’s resolve in the fight against terrorism, the Iranian president said Russia has also taken “effective measures” to fight terrorists in the region over the last few months.

Following the conclusion of the GECF summit, member states issued a declaration that underscored the need to facilitate stronger cooperation in a series of fields, including pricing mechanisms and the transfer of expertise.

The declaration also highlighted the need for the member states to work together over the security of natural gas supplies to the global worldwide.

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