A long running plan to implement a goods for oil deal between Iran and Russia could be close to being finalised, according to Russia’s economic minister.
Russia plans to trade goods such as grain and industrial products with Iran. The deal would benefit both nations who are currently feeling the effect of crippling western sanctions.
“This question was raised,” Ulyukayev told reporters in Tehran. “It will affect not only grain, there are broad lists of goods … We expect that (a deal) could be reached in the near future,” he said.
Russia did not give a firm date on when the deal is expected to be ratified.
