The Ministry of Defense of Russia is ready to sign a “big deal” with Iran

The Ministry of Defense of Russia is ready to sign a “big deal” with Iran

The Ministry of Defense of Russia announced its readiness to sign a “large interstate agreement” with Tehran. This was reported by the Russian Defense Department after a telephone conversation between the defense ministers of the two countries, Sergei Shoigu and Mohammad Ashtiani.

According to the Russian side, the heads of the Ministry of Defense discussed military-technical cooperation and regional security issues. “The parties emphasized their commitment to the fundamental principles of Russian-Iranian relations, including unconditional respect for each other’s sovereignty and territorial integrity,” the statement said.

Iran is one of the few countries that continue contacts with Moscow against the background of Russia’s ongoing war against Ukraine. Western countries accuse Tehran of supplying the Russian army with weapons that are used for strikes on Ukrainian territory. Russia and Iran reject all accusations.

At the same time, Russia is considered the largest investor in the Iranian economy. According to the Ministry of Economy of Iran, last year the volume of foreign investments amounted to more than four billion dollars. Two thirds of them went to Russia.

  • At the end of last year, at a meeting in Moscow, the foreign ministers of Russia and Iran signed a declaration on countermeasures and compensation for the negative consequences of sanctions.
  • Iran has been under international sanctions for more than 40 years, since the Islamic revolution of 1979.
  • Until February last year, Tehran was the world leader in the number of individuals and companies affected by the restrictions. According to the calculations of Castellum.AI analysts, by February 22, 2022, more than 3,600 sanctions were imposed against Iran, and almost 2,700 against Russia.
  • After the attack on Ukraine, Russia became the world leader in restrictions. From February 2022 to October 2023, 15,200 sanctions were imposed against Russia, and slightly more than a thousand against Iran.



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