From security and defence cooperation to focus on energy to financial integration, there are several significant provisons in the treaty signed by Iranian President Masoud Pezeshkian and his Russian counterpart Vladimir Putin
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Russian President Vladimir Putin meets Iranian counterpart Masoud Pezeshkian in Ashgabat, Turkmenistan. File image/Reuters
Russia and Iran signed a significant treaty on Friday (January 17) to expand their economic and military cooperation, opening a new chapter in their strategic partnership.
The agreement comes as both nations face increasing international isolation and seek to strengthen ties in response to shared security threats and economic challenges.
But what does this treaty entail?
Here are seven key features of the agreement:
1. Security and defence cooperation
The treaty commits Russia and Iran to bolster their collaboration in security and defence.
Both nations will participate in joint military exercises, develop military-technical cooperation, and coordinate closely on global and regional security matters.
2. Mutual assistance against security threats
Russia and Iran agreed to counter shared military threats and pledged not to assist any aggressor targeting the other. Disputes will be resolved based on the UN Charter and international law.
3. Commitment to territorial integrity
The two sides vowed not to allow their territories to be used to support separatist movements or activities threatening the other’s stability. Their intelligence and security services will share information to address common threats.
4. Economic collaboration on energy
The treaty promotes deeper cooperation between Russian and Iranian energy companies. It encourages investments in joint projects to develop oil and gas fields, seeking to enhance the energy capabilities of both nations.
5. Joint efforts in nuclear energy
Long-term projects in peaceful nuclear energy are a cornerstone of the agreem