The Fort Worth Press - Russia, Iran to harden military and trade ties in new pact

USD -
AED 3.673042
AFN 73.503991
ALL 95.36798
AMD 398.940403
ANG 1.802722
AOA 914.503981
ARS 1041.744983
AUD 1.613059
AWG 1.8
AZN 1.70397
BAM 1.898429
BBD 2.019666
BDT 121.51002
BGN 1.902489
BHD 0.376946
BIF 2916
BMD 1
BND 1.366976
BOB 6.912116
BRL 6.062704
BSD 1.000272
BTN 86.593285
BWP 13.970802
BYN 3.273541
BYR 19600
BZD 2.00928
CAD 1.444875
CDF 2835.000362
CHF 0.91478
CLF 0.036612
CLP 1010.440396
CNY 7.325304
CNH 7.34564
COP 4338.75
CRC 501.446293
CUC 1
CUP 26.5
CVE 107.410394
CZK 24.57704
DJF 177.720393
DKK 7.25742
DOP 61.37504
DZD 135.720393
EGP 50.397304
ERN 15
ETB 125.323426
EUR 0.972675
FJD 2.32895
FKP 0.823587
GBP 0.82174
GEL 2.840391
GGP 0.823587
GHS 14.95039
GIP 0.823587
GMD 72.503851
GNF 8645.000355
GTQ 7.722547
GYD 209.275689
HKD 7.784655
HNL 25.445545
HRK 7.379548
HTG 130.583759
HUF 401.60804
IDR 16384
ILS 3.562904
IMP 0.823587
INR 86.58845
IQD 1310
IRR 42087.503816
ISK 141.520386
JEP 0.823587
JMD 158.043913
JOD 0.709104
JPY 156.20704
KES 129.503801
KGS 87.450384
KHR 4030.00035
KMF 478.250384
KPW 900.000111
KRW 1457.815039
KWD 0.30857
KYD 0.833608
KZT 530.648496
LAK 21815.000349
LBP 89550.000349
LKR 296.524947
LRD 190.000348
LSL 18.790381
LTL 2.95274
LVL 0.60489
LYD 4.945594
MAD 10.049505
MDL 18.885287
MGA 4689.289666
MKD 59.824033
MMK 3247.960992
MNT 3398.000107
MOP 8.022364
MRU 39.741798
MUR 46.860378
MVR 15.405039
MWK 1737.000345
MXN 20.76727
MYR 4.506039
MZN 63.903729
NAD 18.790377
NGN 1558.360377
NIO 36.799457
NOK 11.436335
NPR 138.549644
NZD 1.789389
OMR 0.384981
PAB 1.000272
PEN 3.758504
PGK 4.068142
PHP 58.455038
PKR 278.803701
PLN 4.145876
PYG 7880.023296
QAR 3.640504
RON 4.840604
RSD 113.889038
RUB 102.499976
RWF 1386
SAR 3.752285
SBD 8.468008
SCR 15.054516
SDG 601.000339
SEK 11.178745
SGD 1.368005
SHP 0.823587
SLE 22.780371
SLL 20969.49992
SOS 571.503662
SRD 35.055038
STD 20697.981008
SVC 8.750546
SYP 13001.999985
SZL 18.790369
THB 34.460369
TJS 10.918153
TMT 3.5
TND 3.212504
TOP 2.342104
TRY 35.56364
TTD 6.791687
TWD 32.874504
TZS 2530.000335
UAH 42.115879
UGX 3685.620547
UYU 44.07882
UZS 12971.267715
VES 54.693728
VND 25327.5
VUV 118.722008
WST 2.800827
XAF 636.715459
XAG 0.032984
XAU 0.000369
XCD 2.70255
XDR 0.770993
XOF 636.573342
XPF 118.803593
YER 249.175037
ZAR 18.733675
ZMK 9001.203587
ZMW 27.783386
ZWL 321.999592
  • RYCEF

    0.1400

    7.05

    +1.99%

  • RBGPF

    -2.4100

    59.59

    -4.04%

  • CMSC

    -0.0100

    23.19

    -0.04%

  • SCS

    0.1200

    11.68

    +1.03%

  • NGG

    0.2000

    59.35

    +0.34%

  • AZN

    -0.1400

    66.77

    -0.21%

  • RIO

    1.5250

    61.315

    +2.49%

  • RELX

    0.2800

    48.19

    +0.58%

  • GSK

    -0.1250

    33.315

    -0.38%

  • BTI

    0.4050

    36.295

    +1.12%

  • VOD

    -0.0300

    8.45

    -0.36%

  • BP

    -0.1050

    31.675

    -0.33%

  • JRI

    0.0500

    12.37

    +0.4%

  • BCC

    -0.2700

    128.19

    -0.21%

  • BCE

    0.2000

    23.02

    +0.87%

  • CMSD

    0.0500

    23.55

    +0.21%

Russia, Iran to harden military and trade ties in new pact
Russia, Iran to harden military and trade ties in new pact / Photo: © POOL/AFP

Russia, Iran to harden military and trade ties in new pact

Russia and Iran are poised to sign a new treaty on Friday to cement their military and economic ties, a pact between two of the world's most heavily sanctioned nations that is likely to alarm the West.

Text size:

Iranian President Masoud Pezeshkian and Russian counterpart Vladimir Putin are expected to sign the agreement in Moscow later, just days before Iran-hawk Donald Trump enters the White House.

The details of the document have not been released, but the Kremlin has said it will strengthen Tehran and Moscow's "military-political and trade-economic" relations.

Moscow has looked to the Islamic republic as a strategic ally since sending troops into Ukraine in February 2022, worrying Western officials who see both as malign actors on the world stage.

The two leaders met earlier at the Kremlin, where both praised the new accord ahead of the signing.

"This will give us the opportunity to give additional momentum to almost all areas of cooperation," Putin told Iranian counterpart Masoud Pezeshkian, who replied that the text would become a "solid foundation" for relations.

Both presidents will give a joint press conference later, said the Kremlin.

- 'constructive' treaty -

Tehran has given little detail on the new treaty, but has ruled out a mutual defence clause like the one included in Moscow's pact with North Korea last year, Russian state media reported, citing Tehran's top diplomat Abbas Araghchi.

Iran has already supplied Russia with self-detonating "Shahed" drones that Moscow fires on Ukraine in nightly barrages, according to Ukrainian and Western officials. Both have ramped up their trade in response to Western sanctions.

The two sides had been working on a new treaty for years. Their current relationship is governed by a 2001 document they have renewed periodically.

Russia says its upcoming pact with Iran and the already-signed treaty with Pyongyang are "not directed against any country".

"The treaty ... is constructive in nature and is aimed at strengthening the capabilities of Russia, Iran, and our friends in various parts of the world," Russian Foreign Minister Sergei Lavrov said Tuesday.

It is set to be valid for 20 years, Russia's TASS news agency reported on Tuesday, citing the Iranian ambassador to Russia, Kazem Jalali.

- 'Global hegemony' -

Russian President Vladimir Putin has made building ties with Iran, China and North Korea a cornerstone of his foreign policy as he seeks to challenge what he calls as a US-led "global hegemony".

Tehran has also sought closer ties with Moscow, after suffering a series of foreign policy setbacks last year.

A rebel offensive overthrew Russian and Iranian-backed Syrian leader Bashar al-Assad last month, and a war between Israel and Tehran-ally Hezbollah substantially weakened the Islamist militant group.

Pezeshkian's visit to Russia also comes just days before Iran-hawk Trump returns to power.

The US president-elect, who is seeking a rapid end to the conflicts in Ukraine and the Middle East, has made repeated military threats against the Islamic republic.

In 2020, Iranian Revolutionary Guards commander Qasem Soleimani was assassinated in a US drone strike in Iraq on Trump's orders, prompting a wave of fury in Iran.

Trump last year warned the US would "wipe (Iran) off the face of the Earth" if a recent alleged Iranian plot to kill him had been succesful.

P.Grant--TFWP