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Iranian, Russian presidents emphasize strategic cooperation in phone call

China

China

China

Iranian, Russian presidents emphasize strategic cooperation in phone call

2026-10-08 13:45 Last Updated At:15:38

Iranian President Masoud Pezeshkian and his Russian counterpart Vladimir Putin on Wednesday called for the continuation and strengthening of the "strategic cooperation" between their countries, according to the Iranian president's office.

In a phone call, the Iranian president stressed the need to continue and enhance bilateral cooperation in different areas between the two countries, adding that continuing on that path would serve the two countries' common interests, said a statement published on the website of the Iranian president's office.

Putin said collaborations between his country and Iran within the framework of their comprehensive strategic cooperation treaty are continuing despite ongoing developments and events in the region, underlining the importance of maintaining close relations and cooperation between Moscow and Tehran.

Putin pointed to certain countries' efforts to mediate between Iran and the United States and contribute to the de-escalation of tensions in the West Asia region, emphasizing that Russia supports such diplomatic efforts and stands ready to play a role to that end.

On Feb 28, Israel and the United States launched joint attacks on Tehran and other Iranian cities. Iran responded with waves of missile and drone attacks targeting Israel and U.S. bases and assets in the region, and tightened its grip on the Strait of Hormuz.

A ceasefire was achieved between the warring parties on April 8. On June 18, Iran and the United States signed a memorandum of understanding (MoU) on ending the war in the region on all fronts.

Under the MoU, the two countries were scheduled to hold negotiations within 60 days, ending on Aug 17, to reach a final agreement. However, the two sides failed to make sufficient progress toward a deal as tensions continued to escalate.

Meanwhile, Kremlin spokesman Dmitry Peskov said on Wednesday that a new phone call between Putin and U.S. President Donald Trump has not yet been agreed upon at a "concrete level," but Russia will promptly coordinate if the U.S. government initiates the request.

The two leaders previously held a one-hour phone conversation on Sept 8, discussing issues including the Ukraine crisis.

Iranian, Russian presidents emphasize strategic cooperation in phone call

Iranian, Russian presidents emphasize strategic cooperation in phone call

Iranian, Russian presidents emphasize strategic cooperation in phone call

Iranian, Russian presidents emphasize strategic cooperation in phone call

China launched the first batch of its 2026 special treasury bonds on Thursday to bolster the core capital and risk resilience of eight key state financial enterprises.

The move is expected to further strengthen the institutions' operational capacity, resilience to risks and ability to serve the real economy, providing stronger support for the country's steady and sound economic growth, according to a circular issued by the ministry.

The eight institutions include the Industrial and Commercial Bank of China, the Agricultural Bank of China, two policy financial institutions, and four state-owned commercial insurers.

The first phase, worth 150 billion yuan (around 22.37 billion U.S. dollars), is a five-year fixed-rate interest-bearing bond. Its coupon rate will be determined through competitive bidding. Interest begins accruing on Friday, with annual payments.

On September 7, the Ministry of Finance announced that it plans to issue 300 billion yuan (around 44.75 billion U.S. dollars) in special treasury bonds this year to support eight central financial enterprises in replenishing their core Tier 1 capital.

The 150 billion yuan tranche is the first installment of the 300 billion yuan plan. A seven-year tranche is scheduled for bidding on November 18, with details to be announced before issuance.

This marks the second round of such capital injections, following a 500 billion yuan (around 74.58 billion U.S. dollars) issuance in 2025 that supported four major state-owned banks

China issues first batch of 2026 special treasury bonds

China issues first batch of 2026 special treasury bonds

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