Law on ratification of Russia-Iran agreement on promotion and mutual protection of investments and Protocol thereto 2016-12-29 17:10:00 Vladimir Putin signed Federal Law On Ratification of the Agreement between the Government of the Russian Federation and the Government of the Islamic Republic of Iran On the Promotion and Mutual Protection of Investments, and the Protocol thereto. The Federal Law ratifies the Agreement between the Government of the Russian Federation and the Government of the Islamic Republic of Iran on the promotion and reciprocal protection of investments, and the Protocol thereto, signed in Tehran on December 23, 2015. The agreement is aimed to create a favourable investment environment for investors from the Russian Federation and the Islamic Republic of Iran.