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Russia hopes for resumption of grain exports to Iran — ministry

Iran imposed a ban on imports of Russian wheat in March 2016 as its own reserves of wheat were quite sufficient

© EPA/PATICK PLEUL

MOSCOW, July 29. /TASS/. Russia is interested in resuming exports of its grain to Iran, the press service of the Russian ministry of agriculture said on Friday after Minister Alexander Tkachev’s meeting with Iranian Minister of Communication and Information Technology Mahmud Vaezi-Jazai.

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Iran imposed a ban on imports of Russian wheat in March 2016 as its own reserves of wheat were quite sufficient.

"Russian grain exporters are extremely interested in resuming exports to Iran. I hope the Iranian side will soon lift this ban or work out other solutions that would make it possible for Russian exporters to get back to the Iranian market," the press service cited the minister as saying.

Russia and Iran signed an agreement on a simplified customs corridor in May 2016. As of today, according to the Russian ministry of agriculture, trade in agricultural products and foods accounts for 50% of overall trade between Russia and Iran.

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