Iran presents 70 innovative companies at Moscow forum

Iran presented 70 innovative companies at the Russia-Iran Technology Business Forum in Moscow. The forum brought together Iranian developers of robots, mobile apps and AR and Internet of Things solutions.

Iran’s Vice-President for Science and Technology Sorena Sattari said that the country is actively developing financial technologies, including applications for the use of bank, insurance and brokerage services.

“These apps transform traditional payments into electronic ones. These services allow for online transactions worth a total of millions of dollars, and they also ease the burden on bank offices,” Sattari said.

According to Sattari, Iran also achieved success in biotechnology: its pharmaceutical products are sold in Russia, Turkey and other countries. The country is also developing artificial intelligence solutions such as radio frequency systems, cyclotrons and dosimeters. Vice-President of the Russian Chamber of Commerce and Industry Vladimir Padalko added that Russia prioritizes cooperation with Iran.

“Iran is currently undergoing significant changes and is engaged in developing new technologies. Russia is also quite interested in this matter. Our countries are geared towards exporting high-tech products, and this forces us to begin to develop bilateral cooperation,” Padalko said.

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