Russia’s largest domestic search engine Yandex is to set up business in Iran, the Iranian Minister of Communications and Information Technology Mahmoud Vaezi announced after a meeting with his Russian counterpart Nikolai Nikiforov in Tehran on Sunday. The two countries also intend to extend cooperation in network security, postal services, search engines, social networks and R&D.
Vaezi also said that Iran would try to reduce its state monopoly in internet management, an issue that is on the agenda for the forthcoming BRICS summit to be held in New York.
Yandex already has overseas operations in Belarus, Kazakhstan, Turkey and Ukraine, and last year gave notice of its intention to set up shop in Berlin as well.
Source: Interfax