12 February 2013, 15:34

Iran invites Russian companies to participate in extraction projects

Iran invites Russian companies to participate in extraction projects

Iran has invited Russian companies to participate in the development of a number of its mineral deposits, Russian Energy Minister Alexander Novak told reporters after a meeting of the bilateral commission on trade and economic cooperation, which took place on Tuesday.

The sides discussed possible changes in the Iranian legislation to enable Russian companies to get stakes in mineral extraction projects in Iran.

Iranian Foreign Minister Ali Akbar Salehi, for his part, hailed the expansion of ties between Iran and Russia.

Voice of Russia, TASS, Interfax

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