Russia and Iran to join forces in AI and blockchain development

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5 Min Read

The governments of Russia and Iran have agreed to cooperate in a lot of digital areas, together with the event of blockchain know-how and synthetic intelligence (AI).

Experiences in regards to the new initiative for the Russian Federation and the Islamic Republic come after President Putin himself proposed an identical proposal to India. They’re additionally following his current requires AI and technological sovereignty.

Moscow and Tehran companion on AI competitors and fintech

Russian and Iranian media have revealed that Russia and Iran will cooperate within the IT area in a variety of digital improvement areas.

A brand new memorandum of understanding between the 2 nations will facilitate joint efforts in constructing synthetic intelligence (AI) techniques and good infrastructure in each nations.

The doc locations specific emphasis on bilateral partnerships in selling cybersecurity and constructing regulatory frameworks, in addition to strengthening ties between Russian and Iranian firms.

The settlement was signed by Meisam Abedi, Iran’s Deputy Minister of Communications and Info Expertise, and Alexander Shoytov, Russia’s Deputy Minister of Digital Improvement, Communications and Mass Media.

Iranian information company IRNA reported on Friday that officers signed the settlement in Moscow after the conclusion of the most recent assembly of the 2 nations’ joint working group on communications and knowledge know-how.

The 2 governments additionally plan to start cooperation in digital finance, particularly blockchain know-how and fintech options. Russian media identified that this could additionally cowl the actions of regulators and tech parks.

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Talking to reporters within the Russian capital, the Iranian consultant harassed that the doc underlines the 2 nations’ dedication to increase cooperation in areas reminiscent of information switch, e-government and alternate of technical experience.

Russia units cryptocurrency regulation and synthetic intelligence as priorities for 2026

The signing of the memorandum of understanding between Russia and Iran got here after President Vladimir Putin indicated that Russia was additionally keen to cooperate with New Delhi in AI improvement.

The Russian head of state, who visited India this week, spoke at a bilateral enterprise discussion board and emphasised the significance of shifting past commerce in bilateral relations.

“We have to go additional and enhance industrial cooperation. Collectively we are going to create new trendy merchandise and strengthen technological cooperation, primarily in superior and knowledge-intensive industries reminiscent of digitalization, autonomous robotics and prescribed drugs,” Putin elaborated.

He additionally stated, as quoted by Tass on Friday:

“We’re able to enter right into a broad partnership with India within the area of synthetic intelligence, the place each nations are making superior developments of their very own.”

President Putin made it clear that Russia wouldn’t miss India’s AI summit scheduled for February 2026, and promised to “ship a delegation to this occasion.”

As reported by Cryptopolitan, in November Russia’s president requested the general public to rally behind home AI to make sure technological independence.

Concerning monetary sovereignty, Russia is planning to start basic use of the digital ruble subsequent 12 months and take severe steps to manage digital foreign money transactions inside its jurisdiction, making it clear that Russia is aiming for deregulation.

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Iranian authorities are much more skilled than Russia and India, which have been topic to Western sanctions, however attitudes towards cryptocurrencies are additionally altering.

On the nation’s first main worldwide blockchain convention held final month, officers indicated they now need their nation to turn out to be a crypto hub and vowed to take a “strategic” method to regulating the sector.

The Iranian authorities has additionally proposed creating a typical digital foreign money for the Shanghai Cooperation Group (SCO) nations, of which it’s a member, together with Russia and India.

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