Russia-Iran trade turnover doubled in January, exceeded $155 million

The year-on-year trade turnover between Russia and Iran almost doubled in January 2017 amounting to $155 million, the Russian Ministry of Economic Development told Sputnik News on Monday.

“The Russian-Iranian trade turnover in January 2017 increased by 98 percent to compare with January 2016 and reached $155.1 million," the ministry said.

The statement added that Russia's exports to Iran had increased by 2.7 times up to $117,7 million, while the exports of the Middle Eastern country had increased by 6.3 percent up to $37.3 million.