Khadzhimurad Israpilov, Director of the Agency for Entrepreneurship and Investments of Dagestan, recently hosted a delegation fr om Mir Business Bank JSC, an Iranian financial institution led by its Director General, Mr. Mohammad Esmail Khazzar.

Israpilov highlighted the strong historical ties between Iran and Dagestan, stating that the bank expressed keen interest in exploring opportunities within the republic. The top official emphasized Dagestan's strategic position as a gateway to Russia for Iranian businesses, given its presence in Moscow and Astrakhan.

The meeting resulted in a collaborative framework wh ere the Agency will forward potential business applications from regional entrepreneurs to Mir Business Bank. The received draft agreements will then be meticulously evaluated by the Agency in conjunction with the relevant committee of the Muftiate of the Republic of Dagestan. Besides, Israpilov assured his Iranian counterparts that the Agency would provide them with valuable market data and insights into potential clientele for their products.