All news

Russia grows closer to Iran to counter Western sanctions — The Wall Street Journal

In 2022, trade between the countries grew by 10%, the newspaper notes
Russian President Vladimir Putin and Iranian President Ebrahim Raisi Sergei Savostyanov/TASS
Russian President Vladimir Putin and Iranian President Ebrahim Raisi
© Sergei Savostyanov/TASS

NEW YORK, August 28. /TASS/. Russia and Iran are strengthening relations in light of Western sanctions against the two states, which worries Washington, columnist Benoit Faucon wrote in his column for the Wall Street Journal.

According to the article, "Iran and Russia are forging tighter ties than ever, as their international isolation drives the two staunch American foes toward more trade and military cooperation, alarming Washington."

"The two states share an opposition to a U.S.-led world order and both suffer from tough U.S. sanctions. But until this year, their relations had been weighed down by opposing agendas in Syria, by Iran’s historic suspicion of foreign interference and by Russia’s historical role as the dominant power in Central Asia and the Caucasus," Faucon writes.

He believes, "A closer Russia-Iran alliance would help both countries mitigate the impact of Western sanctions by finding new markets for their products and boosting military cooperation".

At the same time, according to the article "Overall, bilateral trade is up 10% between Russia and Iran this year. In 2021, trade between the two countries surged 80% higher to $4 billion, according to Russia.".

Tags