Russian President Vladimir Putin said on Thursday that a delegation of 80 large companies will visit Iran next week, Russian state-owned news agency RIA reported.
Putin and Iranian President Ebrahim Raisi are at a summit of the Shanghai Cooperation Organization in Samarkand, in Uzbekistan. Earlier, Iran's foreign minister said that Tehran had signed a memorandum to join the bloc.
"By signing the document for full membership of the SCO, now Iran has entered a new stage of various economic, commercial, transit and energy cooperation," Hossein Amirabdollahian wrote on his Instagram page.
Raisi said that the cooperation between Iran and Russia “can significantly neutralize the limitations imposed on our countries by the US sanctions.”
"Iran is determined to boost its ties with Russia, from economic to aerospace and political fields," Raisi said during his meeting with Putin, according to Iranian state media.