Ali Majedi said the agreement is to be signed by Iran’s Petroleum Minister Bijan Namdar Zanganeh and Russian Energy Minister Alexander Novak on Tuesday.
A Russian delegation is in Tehran to attend the 11th meeting of Iran-Russia Business Council.
Majedi said the council is to discuss energy, transportation, banking, industry and mining, agriculture and insurance on Monday.
Zanganeh said recently that Tehran-Moscow economic cooperation faces no restrictions.
“There are no restrictions for Iran in cooperating with Russia in different economic sectors,” he said.
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