The meeting between the Iranian Oil Minister and the Russian Energy Minister during the 19th Joint Commission for Iran-Russia Economic Cooperation was accompanied by three important developments in the energy sector; the finalization of the framework for importing Russian gas, an agreement to develop a joint field, and the start of construction of equipment for new phases of the nuclear power plant are a set of new signals for the future of the country's energy balance.

Abadan Petrochemical, as the first petrochemical complex in Iran, is facing a paradox between “oldness” and “efficiency” today, on the eve of its sixth decade of operation. This company, which was once a symbol of Iran’s industrial modernity, is now struggling with structural challenges in the production chain and a food supply crisis, despite its 14 percent share in the country’s PVC supply; a situation that has tied the survival of this strategic unit to ownership reform and infrastructure modernization.

The Russian secretary of the Iran-Russia Joint Economic Commission announced the possibility of exchanging more than 2,000 items of goods and services between the two countries, saying: "According to the latest statistics, the volume of trade between the two countries has reached 4.7 billion dollars."