DUBAI, May 21 (Reuters) - Iran's parliament approved a 20-year strategic partnership on Wednesday between Moscow and Tehran, state media reported. The agreement represents a deepening of bilateral ties including closer defence cooperation.
Russian President Vladimir Putin and his Iranian counterpart Masoud Pezeshkian signed the strategic partnership document on January 17.
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The Russian legislative branch approved the pact in April. While the agreement does not include a mutual defence clause, it says both countries will work together against common military threats, develop their military-technical cooperation, and take part in joint exercises.
A free trade deal between Iran and the Russian-led Eurasian Economic Union went into effect last week, cutting down tariffs to boost trade between the two economies, which are both under heavy Western sanctions.
Russian President Vladimir Putin and his Iranian counterpart Masoud Pezeshkian signed the strategic partnership document on January 17.
The Reuters Tariff Watch newsletter is your daily guide to the latest global trade and tariff news. Sign up here.
The Russian legislative branch approved the pact in April. While the agreement does not include a mutual defence clause, it says both countries will work together against common military threats, develop their military-technical cooperation, and take part in joint exercises.
A free trade deal between Iran and the Russian-led Eurasian Economic Union went into effect last week, cutting down tariffs to boost trade between the two economies, which are both under heavy Western sanctions.
