Import and export of goods with Iran — a bilingual EN/RU contract for the bank in 5 minutes. CISG not ratified, settlements in rubles or via third currencies
Choose contract type →Four contract types — for any deal structure with an Iranian partner
Import oil, petrochemicals, fruit, nuts, and textiles from Iran.
Export grain, metals, machinery, and equipment to Iran via the Caspian Sea or rail.
Contract for services from Iranian companies: construction, IT, industry.
Contract for providing services to Iranian clients: energy, railways, IT.
Key terms to reflect in the contract
Iran has not ratified CISG. Iranian commercial law is based on the 1932 Commercial Code (as amended) — specify the governing law explicitly in the contract.
No CISG · specify lawIran is disconnected from SWIFT. Settlements are made via SPFS, the Mir system, barter schemes, or through third countries (UAE, Turkey, China). Agree the payment mechanism with your bank in advance.
No SWIFT · rubles/barterThe International North–South Transport Corridor (INSTC) links Russia and Iran via the Caspian Sea and rail. Main routes: Astrakhan–Bandar Abbas and Astara–Rasht.
North–South Corridor · logisticsThe repatriation-of-proceeds requirement applies. If using barter or non-monetary schemes, consult your bank on how to record offsetting obligations.
173-FZ · barterAnswers to the most common questions
Iran is a strategic trade partner for Russia. Bilateral trade turnover is actively growing, driven by the development of the North–South Transport Corridor and the shift away from the dollar in mutual settlements.
In the contract, specify the company's National ID (شناسه ملی), its full name in Farsi and English, its address, and the banking details of the Iranian bank. Verification is available through the SANA portal.
Iran is disconnected from the SWIFT system. Settlements are carried out via SPFS, the Mir system, in rubles through Russian banks, or through intermediaries in neutral jurisdictions. Clearly specify the payment mechanism and deadlines in the contract.
Iran has not ratified CISG. Iranian commercial law is based on the 1932 Commercial Code (as amended). For arbitration, the ICAC at the Russian Chamber of Commerce and Industry or the Tehran International Arbitration Center (TIAC) is recommended.
The International North–South Transport Corridor (INSTC) connects Russian Caspian ports with Iran. The Astrakhan–Bandar Abbas route takes 10–14 days — 2–3 times faster than the sea route via Suez.