Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
SURPRISE! Russian companies to benefit from US Iran withdrawal
https://www.yahoo.com/news/russian-companies-benefit-us-iran-withdrawal-055520945.html. . .
The situation could revitalise Russian-Iranian economic ties that have been losing ground in recent years despite the involvement of Russian nuclear and oil giants in the Middle Eastern country.
. . .
This echoes statements from China, which has also said it wanted to continue normal business ties with Iran and is currently financing multi billion dollar infrastructure and electricity projects in the country.
"Russia wants to sell steel, transport infrastructure and other manufactured goods to Iran. The less competition from the US and the EU, the better," said Charlie Robertson, an analyst at Renaissance Capital.
Igor Delanoe said that Russia had a "real role to play" in Iran's energy and electricity sectors.
The situation could revitalise Russian-Iranian economic ties that have been losing ground in recent years despite the involvement of Russian nuclear and oil giants in the Middle Eastern country.
. . .
This echoes statements from China, which has also said it wanted to continue normal business ties with Iran and is currently financing multi billion dollar infrastructure and electricity projects in the country.
"Russia wants to sell steel, transport infrastructure and other manufactured goods to Iran. The less competition from the US and the EU, the better," said Charlie Robertson, an analyst at Renaissance Capital.
Igor Delanoe said that Russia had a "real role to play" in Iran's energy and electricity sectors.
3 replies
= new reply since forum marked as read
= new reply since forum marked as read
Well Said. 
Oil runs through Putin's veins.........let's make Russia great again.