Presidents of Iran and the Russian Federation held talks on August 8, 2016, in Baku and stressed that Tehran and Moscow are determined to deepen and cement ties in all fields of mutual interest.
«Tehran welcomes development of ties with Moscow,» said President Rouhani late on Monday in Baku. «We should try to decrease tariffs and promote free trade in bilateral trade», added Rouhani, saying that trade with Eurasia should be continued. The iranian President also welcomed Russian companies’ investment in Iran.
The two presidents also underscored the need to enhance ties in the fields of nuclear energy, full and precise implementation of JCPOA (Joint Comprehensive Plan of Action) and also continuing to recognise the terrorist nature of al-Nusra Front.
The construction of new reactors for Iranian Bushehr nuclear power plant may begin this year, Bloomberg cited the head of Iran’s Atomic Energy Organization Ali Akbar Salehi. «Russia may start the construction of two power units worth $10 billion for the Bushehr nuclear power plant,» said Salehi, adding that work may begin almost immediately.
Russia’s energy minister Alexander Novak said to reporters in Baku, that Tehran and Moscow are in talks over construction of a liquefied natural gas (LNG) plant to deliver Russian natural gas to northern Iran through Azerbaijan. «In the gas sector, we are considering the prospects of swap gas deliveries to northern Iran through Azerbaijan with the possibility of constructing an LNG plant in southern Iran, receiving the equivalent of LNG to be delivered to markets in South East Asia where gas consumption is expected to grow with higher rates in the future».