Analytical Study of the International Economic Policies of Iran and Russia: A Move to Bilateral Cooperation under Sanctions

The high inflation, unemployment rate, and production reduction are apparent characteristics of the current state of Iran's economy. Therefore, studying solutions for the relationship with other countries and broader exposure to international trade is crucial. However, in the situation of sanct...

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Main Author: Ismael Rezaeinejad
Format: Article
Language:English
Published: Financial University 2022-12-01
Series:Review of Business and Economics Studies
Subjects:
Online Access:https://rbes.fa.ru/jour/article/view/197/192
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author Ismael Rezaeinejad
author_facet Ismael Rezaeinejad
author_sort Ismael Rezaeinejad
collection DOAJ
description The high inflation, unemployment rate, and production reduction are apparent characteristics of the current state of Iran's economy. Therefore, studying solutions for the relationship with other countries and broader exposure to international trade is crucial. However, in the situation of sanctions, few countries can establish a free economic relationship with Iran, and Russia is one of the most important countries in this context. The article aims to investigate the history and perspectives of the economic cooperation between Iran and Russia. The paper uses an analytical — descriptive method to depict the international economic policies of Iran and Russia and the opportunities and challenges in their bilateral economic cooperation to pass unfair international sanctions and pursue economic development. The author concludes that although the political dimension was dominant in Iran and Russia relations, the two countries have realized the importance of bilateral economic ties, trying to improve the existing connections, which have shown the positive future of cooperation between the two countries.
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spelling doaj.art-19439fa1ea07419db3fc649cfb1aa83c2024-10-03T09:16:18ZengFinancial UniversityReview of Business and Economics Studies2308-944X2311-02792022-12-011043644https://doi.org/10.26794/2308-944X-2022-10-4-36-44Analytical Study of the International Economic Policies of Iran and Russia: A Move to Bilateral Cooperation under SanctionsIsmael Rezaeinejad0https://orcid.org/0000-0001-8712-7597RUDN UniversityThe high inflation, unemployment rate, and production reduction are apparent characteristics of the current state of Iran's economy. Therefore, studying solutions for the relationship with other countries and broader exposure to international trade is crucial. However, in the situation of sanctions, few countries can establish a free economic relationship with Iran, and Russia is one of the most important countries in this context. The article aims to investigate the history and perspectives of the economic cooperation between Iran and Russia. The paper uses an analytical — descriptive method to depict the international economic policies of Iran and Russia and the opportunities and challenges in their bilateral economic cooperation to pass unfair international sanctions and pursue economic development. The author concludes that although the political dimension was dominant in Iran and Russia relations, the two countries have realized the importance of bilateral economic ties, trying to improve the existing connections, which have shown the positive future of cooperation between the two countries.https://rbes.fa.ru/jour/article/view/197/192international economicsiranrussiasanctionseconomic policiesmacroeconomy
spellingShingle Ismael Rezaeinejad
Analytical Study of the International Economic Policies of Iran and Russia: A Move to Bilateral Cooperation under Sanctions
Review of Business and Economics Studies
international economics
iran
russia
sanctions
economic policies
macroeconomy
title Analytical Study of the International Economic Policies of Iran and Russia: A Move to Bilateral Cooperation under Sanctions
title_full Analytical Study of the International Economic Policies of Iran and Russia: A Move to Bilateral Cooperation under Sanctions
title_fullStr Analytical Study of the International Economic Policies of Iran and Russia: A Move to Bilateral Cooperation under Sanctions
title_full_unstemmed Analytical Study of the International Economic Policies of Iran and Russia: A Move to Bilateral Cooperation under Sanctions
title_short Analytical Study of the International Economic Policies of Iran and Russia: A Move to Bilateral Cooperation under Sanctions
title_sort analytical study of the international economic policies of iran and russia a move to bilateral cooperation under sanctions
topic international economics
iran
russia
sanctions
economic policies
macroeconomy
url https://rbes.fa.ru/jour/article/view/197/192
work_keys_str_mv AT ismaelrezaeinejad analyticalstudyoftheinternationaleconomicpoliciesofiranandrussiaamovetobilateralcooperationundersanctions