🇷🇺🇮🇷Russia and Iran are close to signing a new "comprehensive agreement" that will boost their military and economic cooperation.

This agreement is expected to be signed in the "very near future" and will reflect the "unprecedented upswing" in the Russia-Iran relationship. Experts believe it could lead to deeper political, military, and technological ties between the two countries. Iran also may seek to acquire Russian air systems like the S-400 to bolster its security against the U.S. and Israel.

Both countries are cooperating to develop and produce more lethal drones and ballistic missiles for use in conflicts like the war in Ukraine. The agreement could involve joint ventures in oil, gas, and infrastructure projects to help both countries bypass Western sanctions.

The key infrastructure project of Iran and Russia is the International North–South Transport Corridor (INSTC). It is a 7,200-km (4,500 mile) long multi-mode network of ship, rail, and road routes for moving freight between India, Iran, Azerbaijan, Russia, Central Asia and Europe. The INSTC reduces transit time from 40-60 days via the traditional route to 25-30 days, while being 40% shorter and 30% cheaper. The route connects major cities like Mumbai, Moscow, Tehran, Baku, Bandar Abbas, Astrakhan, Bandar Anzali.

The INSTC is expected to play a significant role in the emerging geopolitical scenario in Eurasia. Moreover, India has taken an active interest in the project to open up markets in Russia, Central Asia and Europe.

The strategic agreement will significantly strengthen Russia-Iran political, economic, and military cooperation in Eurasia.

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