Russia and Iran plan strategic cooperation to bypass sanctions

Russia-Iran cooperation sanctions evasion nuclear energy alternative financial systems strategic partnership

A leaked 44-page Russian government document, titled 'Cooperation Plan between the Russian Federation and the Islamic Republic of Iran for the years 2024-2026', outlines a strategic roadmap to deepen bilateral ties and mitigate the impact of Western sanctions.

Key objectives include establishing alternative financial channels by increasing trade in national currencies from 68% in 2024 to 71% by 2026. The plan encourages the use of digital currencies for cross-border settlements and the development of independent banking messaging systems to bypass international networks like SWIFT.

In the energy and technology sectors, the document tasks Rosatom with continuing operations at Iran's Bushehr nuclear power plant, including fuel supply and maintenance. It also proposes the localization of Russian aircraft component production in Iran and investment in Iranian oil and gas fields.

Logistical cooperation is highlighted through proposals for a strategic railway connecting the Iranian border with Azerbaijan to Persian Gulf ports. Additionally, the plan suggests coordinating efforts within BRICS to counter unilateral restrictive measures.

Entities

BRICS · Bushehr Nuclear Power Plant · Fox News · Iran · Rosatom · Russia

Claims

What the coverage asserts, and how many sources carry each claim.

[● 4 SOURCES] The strategy proposes developing the use of digital currencies for cross-border settlements. www.albiladpress.com · www.wa-gulf.com · arabic.euronews.com · www.alaraby.co.uk
[● 2 SOURCES] The plan includes coordinating actions within BRICS to counter trade restrictions. fakti.bg · www.alaraby.co.uk
[● 6 SOURCES] Rosatom is tasked with continuing work at the Bushehr nuclear power plant, including fuel supply and maintenance. www.albiladpress.com · news50.sa · www.wa-gulf.com · arabic.euronews.com · fakti.bg · +1 more
[● 6 SOURCES] The Russian side approved the cooperation plan on September 2, 2024. www.albiladpress.com · news50.sa · ordu.az · www.wa-gulf.com · arabic.euronews.com · +1 more
[○ 1 SOURCE] The document suggests creating a strategic railway line from the Iranian border with Azerbaijan to Persian Gulf ports. news50.sa
[● 7 SOURCES] The document includes provisions for the production of Russian aircraft components within Iranian factories. www.albiladpress.com · news50.sa · ordu.az · www.wa-gulf.com · arabic.euronews.com · +2 more
[● 5 SOURCES] The plan aims to increase bilateral trade conducted in national currencies from 68% in 2024 to 71% by 2026. www.albiladpress.com · www.wa-gulf.com · arabic.euronews.com · fakti.bg · www.alaraby.co.uk
[● 7 SOURCES] A 44-page Russian government document titled 'Cooperation Plan between the Russian Federation and the Islamic Republic of Iran for the years 2024-2026' outlines strategic cooperation. www.albiladpress.com · news50.sa · ordu.az · www.wa-gulf.com · arabic.euronews.com · +2 more