Russian-Iranian trade and economic relations at the present stage and directions of their development

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Abstract

The article analyzes the modern Russian-Iranian cooperation and its objective foundations. The author notes the steady growth of mutual trade and economic relations between the countries in the XXI century, despite external pressure directed both against the economies of each of these countries individually and against their economic interaction, in fact, destroying the efforts of Western countries to weaken their economic systems. The purpose of the article is to analyze the current trade cooperation between Russia and Iran and its dynamics, identify trends and prerequisites for this cooperation and directions of its development in the future. The study is based on the statistics of the international database of UNCTAD, as well as data from Rosstat. Based on empirical research, the author comes to the conclusion that there is a significant potential for the development of mutually beneficial trade between Russia and Iran, including both commodity diversification and project and investment cooperation.

About the authors

Lyudmila Vasilyevna Shkvarya

Peoples’ Friendship University of Russia (RUDN University)

Author for correspondence.
Email: destard@rambler.ru
ORCID iD: 0000-0001-6653-939X
SPIN-code: 7953-0777

Doctor of Economics, Professor, Department of Political Economy, Faculty of Economics

117198, Moscow, Miklukho-Maklaya str., 6

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