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Putin Pledges Closer Economic and Regional Ties at CIS Summit
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News18•09-10-2026, 18:30
Putin Pledges Closer Economic and Regional Ties at CIS Summit
- •Russian President Vladimir Putin vowed to strengthen economic, social, and cultural cooperation among former Soviet nations at the CIS summit in Turkmenistan.
- •Putin highlighted that Russia's trade with CIS members exceeded USD 110 billion in 2025, with 90 percent of transactions conducted in national currencies to bypass foreign influence.
- •During the summit, Putin also held sideline talks with Iran's President Masoud Pezeshkian, praising Tehran's peace efforts and discussing regional conflict resolution.
- •President Pezeshkian thanked Russia for opposing US unilateralism and emphasized that Iran's rights must be respected for ongoing conflicts to end.
Key Questions Answered
President Vladimir Putin hailed cooperation with former Soviet nations and vowed to help strengthen economic, social, cultural, and humanitarian ties between them.
Russia's trade with CIS members topped USD 110 billion in 2025, with 90 percent of transactions conducted in national currencies to deepen economic cooperation independently of foreign influence.
Iran’s President Masoud Pezeshkian attended the CIS summit as an observer and held bilateral talks with Vladimir Putin on the sidelines of the event in Turkmenistan.
