Russia aspires to strengthen its presence in Iran
6/10/2017 0:00
Prepared a promising market after the lifting of sanctions
Nikita Smajin / translation / Linda Adoor
with all his expectations of Russian companies on Iran after the lifting of sanctions imposed by the United States, the growth of volume of bilateral trade reached 60 percent to $ 2 billion in 2016 after that was the year of 1.2 billion in 2015, it can only be described as "achievement" in itself.
It was to resume arms shipments as well as their participation in many of the infrastructure projects financed by the Russian loans, credited with doubling exports of non-energy from Russia to Iran, which includes arms, trucks and vehicles.
The trade volume has witnessed a steady growth since the beginning of the first decade of the twentieth century atheist and, to hit its highest level in the years 2010/2011 to reach $ 3.7 billion accounted for Russian exports than the value of $ 3.4 billion.
Sanctions and obstacles
after the year 2012, resulted in the imposition of new US sanctions on Iran to separate the country from payment between banks SWIFT system, began to Russian companies on its impact, is facing problems in financial matters settled with Iranian partners, which resulted in subsequent increase in the cost of commercial transactions, as well as reduced by three times in the bilateral trade volume to reach $ 1.25 billion in 2015 ,
when sanctions were imposed on Iran, the iron and steel industry were the leaders of the list of Russian exports, have resorted manufacturers Russians to nominate global traders as middlemen to bypass the foreign currency crisis, in exchange for giving them a share of Alarb Ahh.
Here it was necessary to find other mechanisms to avoid trade sanctions , including remittances , which have caused a lot of delays, the new highlights another challenge by requiring some international bodies to prove that those goods are not used for military purposes. Also it resorted to another mechanism, namely the opening of offices of Iranian banks within the Commonwealth of Independent States, including the Bank of Mir - owned business to the largest commercial bank in Iran, Bank Melli Iran.
With the lifting of sanctions faded all the problems related to the settlement of things in ways of payment, in addition, the two countries reached the year 2016 to the signing of a memorandum of understanding for the implementation of dozens of industrial projects with a total value of $ 40 billion, and most of them are still ink on paper.
Because of what ails most of the Iranian companies from a shortage of cash, which means that the Russian partners search for funding for each project, at the same time, Russia was going through a credit squeeze period, only a few of those contracts Few have succeeded in obtaining government loans.
"PIN number" has
made the sanctions imposed, most businesses with little return on profit, sending from Iran , then to increase the domestic product of the steel industry, which led to a decline in the presence of Russian companies in the Iranian market. Against this background, Russia began in 2014, to go towards increasing exports of grain to Iran, despite warning a lot of experts in this regard from the fact that this product is risky, but by 2016, Iran was among the five largest importers of grain from Russia .
Most of the export and import operations between Russia and Iran is by big companies with a large share of participation by the state. After the imposition of sanctions, and the sharp decline in trade, it has become a lot of those companies vulnerable to further financial constraints, but this thing was, at the same time, is the foundation and engine positive in the last period. As trade cooperation has witnessed significant growth in terms of quantity and quality, to replace the machinery rather than a problem of agricultural products accounted for 60 percent of Russia 's exports to Iran.
Among the most important reasons behind this growth
in exports is the return of the so - called
exports "secret number" to the Iranian market , which include weapons mainly, and the biggest
example of this is a deal equipped with anti-aircraft S - 300 missile system,
as the first batch, delivery with a total contract it reached $ 900 million, in the month of April of last year. The total processed products under the "secret number" to Iran more than $ 300 million in 2016, but this figure did not exceed a few million under sanctions.
http://www.alsabaah.iq/ArticleShow.aspx?ID=138780
6/10/2017 0:00
Prepared a promising market after the lifting of sanctions
Nikita Smajin / translation / Linda Adoor
with all his expectations of Russian companies on Iran after the lifting of sanctions imposed by the United States, the growth of volume of bilateral trade reached 60 percent to $ 2 billion in 2016 after that was the year of 1.2 billion in 2015, it can only be described as "achievement" in itself.
It was to resume arms shipments as well as their participation in many of the infrastructure projects financed by the Russian loans, credited with doubling exports of non-energy from Russia to Iran, which includes arms, trucks and vehicles.
The trade volume has witnessed a steady growth since the beginning of the first decade of the twentieth century atheist and, to hit its highest level in the years 2010/2011 to reach $ 3.7 billion accounted for Russian exports than the value of $ 3.4 billion.
Sanctions and obstacles
after the year 2012, resulted in the imposition of new US sanctions on Iran to separate the country from payment between banks SWIFT system, began to Russian companies on its impact, is facing problems in financial matters settled with Iranian partners, which resulted in subsequent increase in the cost of commercial transactions, as well as reduced by three times in the bilateral trade volume to reach $ 1.25 billion in 2015 ,
when sanctions were imposed on Iran, the iron and steel industry were the leaders of the list of Russian exports, have resorted manufacturers Russians to nominate global traders as middlemen to bypass the foreign currency crisis, in exchange for giving them a share of Alarb Ahh.
Here it was necessary to find other mechanisms to avoid trade sanctions , including remittances , which have caused a lot of delays, the new highlights another challenge by requiring some international bodies to prove that those goods are not used for military purposes. Also it resorted to another mechanism, namely the opening of offices of Iranian banks within the Commonwealth of Independent States, including the Bank of Mir - owned business to the largest commercial bank in Iran, Bank Melli Iran.
With the lifting of sanctions faded all the problems related to the settlement of things in ways of payment, in addition, the two countries reached the year 2016 to the signing of a memorandum of understanding for the implementation of dozens of industrial projects with a total value of $ 40 billion, and most of them are still ink on paper.
Because of what ails most of the Iranian companies from a shortage of cash, which means that the Russian partners search for funding for each project, at the same time, Russia was going through a credit squeeze period, only a few of those contracts Few have succeeded in obtaining government loans.
"PIN number" has
made the sanctions imposed, most businesses with little return on profit, sending from Iran , then to increase the domestic product of the steel industry, which led to a decline in the presence of Russian companies in the Iranian market. Against this background, Russia began in 2014, to go towards increasing exports of grain to Iran, despite warning a lot of experts in this regard from the fact that this product is risky, but by 2016, Iran was among the five largest importers of grain from Russia .
Most of the export and import operations between Russia and Iran is by big companies with a large share of participation by the state. After the imposition of sanctions, and the sharp decline in trade, it has become a lot of those companies vulnerable to further financial constraints, but this thing was, at the same time, is the foundation and engine positive in the last period. As trade cooperation has witnessed significant growth in terms of quantity and quality, to replace the machinery rather than a problem of agricultural products accounted for 60 percent of Russia 's exports to Iran.
Among the most important reasons behind this growth
in exports is the return of the so - called
exports "secret number" to the Iranian market , which include weapons mainly, and the biggest
example of this is a deal equipped with anti-aircraft S - 300 missile system,
as the first batch, delivery with a total contract it reached $ 900 million, in the month of April of last year. The total processed products under the "secret number" to Iran more than $ 300 million in 2016, but this figure did not exceed a few million under sanctions.
http://www.alsabaah.iq/ArticleShow.aspx?ID=138780
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