Russia and Iran intend to create a special structure to promote Russian business projects in the Islamic Republic

November 30, 2009 – 11:56 pm

Russia and Iran intend to explore the possibility of creating a special agency to promote Russian business projects in the Islamic republic. , Told reporters the head of the Ministry of Energy Minister Sergei Shmatko on the basis of bilateral meetings in the Russo-Iranian intergovernmental commission.

“We agreed on a thorough inventory of what was concluded earlier, and discussed the creating a special agency to develop business projects in the territory of Iran “, – said Shmatko. According to the minister, now “start business in Iran a little bit complicated, and companies need help to start work on the Iranian market.

” This in particular applies to financial and economic support. At the present time is quite difficult to come to Russia’s bank and get letter of credit issued in favor of an Iranian bank “, – explained Shmatko.

He also said that during his meeting with Iranian Oil Minister has received a proposal on the establishment of specialized financial institutions to implement investment projects in the energy sphere.

Russia and Iran will create a working group on energy, which for months to prepare the so-called “road map” of cooperation in this field. The funding will be headed by deputy head of Energy Ministry Sergei Kudryashov, in the group will also take part representatives of Russian companies.

Minister added that the main areas of joint projects in Iran will be the energy, transport infrastructure development, road construction.
Energy Minister also discussed with the Iranian authorities on issues of cooperation in gas sector, including the Southern Pars. Russia and Iran have also been considering working in third countries in the Gulf region, development of infrastructure of the Caspian Sea.

According Shmatko for Russian companies in Iran, the most promising form of consortium.



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