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12.03.25 12:26

Economy

Iran and Russia sign MoU on joint microelectronics production

The MoU aims to expand access to new markets

Iran and Russia have signed a memorandum of understanding (MoU) to collaborate on the joint production of microelectronic components. This is reported by Pars Today, a partner of TV BRICS.

The agreement was signed between Russia’s Ministry of Industry and Trade and Iran’s Headquarters for the Development of Nano- and Microtechnologies, operating under the Office of the Vice President for Science, Technology, and Knowledge-Based Economy.

The MoU aims to establish resilient production chains and expand access to new markets.

As part of the collaboration, leading Russian enterprises will work with Iranian partners on key technological developments. These include nanolithography equipment for nanoscale engraving, telecommunications multiplexers, and advanced automotive sensors.

The initiative is expected to strengthen the microelectronics industry in both countries, with jointly manufactured products being introduced to Iranian and Russian markets.

Photo: Envato

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Liao Fan

Director of the Institute of World Economics and Politics at the Chinese Academy of Social Sciences (CASS)

"We also encourage countries of the Global South to work together and contribute to the global economy. We also call on developed countries to set aside issues such as national security and strategic competition when we are discussing real global challenges – pressing issues such as public health or poverty reduction – so that development resources can be channelled truly effectively to those countries that need them. [...] Major powers and large countries must bear greater responsibility for the well-being of people around the world. This is the responsibility of the major powers"

Anutin Charnvirakul

Prime Minister of Thailand

"Russia has been a trusted friend of Thailand for over a century. […] Next year, we will mark the 130th anniversary of the establishment of diplomatic relations between our countries. We will commemorate this important milestone with high-level exchanges, thereby reaffirming our shared commitment to an even stronger partnership for the benefit of our peoples"

Ferdinand Marcos

President of the Republic of the Philippines

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Anwar Ibrahim

Prime Minister of Malaysia

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Vladimir Putin

President of the Russian Federation

"This forum, which has brought together leading representatives of the business communities of our country and the ASEAN member states in the hospitable capital of Tatarstan, Kazan, is of particular importance. This year marks the 35th anniversary of Russia–ASEAN relations. During this period, we have accumulated substantial experience in multifaceted cooperation, established strong ties, including between the Association’s Business Advisory Council and the Russia–ASEAN Business Council, and created a solid foundation for the future"

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