Moscow, Tehran to Discuss Bilateral Trade at WTO Summit on Wednesday

© Sputnik / Sergei Guneev / Go to the mediabankRussian Economic Development Minister Alexei Ulyukayev
Russian Economic Development Minister Alexei Ulyukayev - Sputnik International
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Alexei Ulyukayev will meet on Wednesday in Nairobi with Iranian Minister of Industry, Mine and Trade Mohammad Reza Nematzadeh to discuss bilateral trade and economic issues.

Tehran - Sputnik International
Transition to National Currencies in Russia-Iran Trade Matter of 2-3 Weeks
NAIROBI (Sputnik) — Russian Economic Development Minister Alexei Ulyukayev will meet on Wednesday in Nairobi with Iranian Minister of Industry, Mine and Trade Mohammad Reza Nematzadeh to discuss bilateral trade and economic issues, the Russian minister's assistant said on Tuesday.

Kenya's capital, Nairobi, is currently hosting the World Trade Organization's (WTO) four-day 10th Ministerial Conference (MC10) with the participation of economy ministers from over 160 states. The summit aims to define the course of multilateral trade relations for the coming years.

"The ministers will discuss issues of economic cooperation and trade between the two countries," Elena Lashkina told reporters.

On Wednesday, Ulyukayev will also hold a bilateral meeting with the WTO Director General, Roberto Azevedo, and will participate in the meeting of Ministers of Economy and Trade of the BRICS, an economic bloc comprising Brazil, Russia, India, China and South Africa.

Ulyukayev is expected to meet in Nairobi with his counterparts from Laos, the Netherlands, Finland and Kazakhstan later this week.

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