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Russia and Iran Deepen Cooperation in Finance, Nuclear Energy, and Aviation

Russia-Iran roadmap reveals financial channels and nuclear cooperation
Fox News

A nonpublic Russian document reveals plans to deepen cooperation with Iran in finance, nuclear energy, and aviation from 2024-2026, including alternative financial channels and nuclear cooperation.

What happened

A nonpublic Russian government document outlines plans for cooperation between Russia and Iran in various areas, including finance, nuclear energy, and aviation.

The 44-page document, titled 'Plan for Cooperation Between the Russian Federation and the Islamic Republic of Iran for 2024-2026,' assigns responsibilities to Russian ministries, agencies, and state companies, and sets deadlines for projects through the end of 2026.

The plan includes initiatives such as increasing the use of national currencies in bilateral trade, developing alternative financial channels, and cooperating on nuclear energy projects, including the Bushehr nuclear power plant in Iran.

The document also mentions plans for Russia to help establish production in Iran of parts and assemblies for Russian aircraft, and for strengthening the physical transportation network linking Russia and Iran, including a proposed railway from Iran's border with Azerbaijan to Iranian ports on the Persian Gulf.

Some of the initiatives described in the document have already advanced or materialized, according to public reporting and independent reviews of the document.

Sources

Fox News

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