Russia has concluded a long-term agreement on grain supplies to Iran

Published Feb 15, 2024

Tridge summary

Iran and Russia have signed a memorandum of understanding to strengthen their trade relations in the agricultural and food industries, focusing on long-term grain purchases. The agreement, signed during a visit to Moscow by an Iranian business delegation, also includes the creation of inspection and quarantine groups at the borders to mitigate veterinary risks in the export of Iranian dairy and seafood products. This move is expected to diversify Iran's import sources for basic goods and reduce its dependence on traditional suppliers.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Iran and Russia signed a memorandum of understanding on long-term grain purchases. This agreement is part of the strategy of both countries to strengthen trade relations in the agricultural and food industries, according to the website Graininfo.ru. The memorandum was signed during a visit to Moscow by an Iranian business delegation headed by Deputy Minister of Agricultural Jihad for Trade Mojtaba Nouruzi. During the visit, the parties discussed issues of developing cooperation in the field of agriculture, food industry and logistics. In particular, the parties agreed to create inspection and quarantine groups at the borders to reduce veterinary risks in the process of exporting Iranian dairy and seafood products. The parties also exchanged views on solving logistics problems and technical knowledge in the field of production of feed for livestock and poultry based on the resources available in the ...
Source: Agrosektor

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