Russian Prime Minister Mikhail Mishustin's recent visit to Iran signals the preparation of what could be termed a "contract of the century."
Could Lead to Third World War
The partnership is crucial for both nations, especially in the face of Western sanctions and the looming threat of a broader conflict.
The strategic discussions revolve around the ongoing escalation of hostilities in the region, which some analysts believe could lead to a Third World War. In light of this, both countries are focusing on enhancing cooperation across political, economic, and military sectors, according to URA.
Iran's role is particularly vital as it seeks to counterbalance Western influence, with its leadership asserting that decisions rest primarily with Supreme Leader Ali Khamenei rather than the newly elected reformist president, Masoud Pezeshkian.
This leadership structure ensures that the core policy direction remains unchanged, despite potential shifts in rhetoric.
Linking Russia to the Persian Gulf
One of the key topics of discussion during Mishustin's visit was the development of the North-South Transport Corridor.
This project aims to establish a vital trade route linking Russia to the Persian Gulf, enhancing access to global markets. However, challenges remain, particularly with the 162 km (approximately 101 miles) stretch of railway between Rasht and Astara, which faces significant construction hurdles due to the mountainous terrain.
Looking ahead, the economic partnership between Russia and Iran is poised for growth. With the potential for increased trade volumes — currently only 1-2% of Iran's foreign trade involving Russia — there are significant opportunities for expansion.
