A report on the Romania-Iran economic relationship, including figures regarding; evolution of exchanges, cooperation activities, loan agreements between Iran and other socialist countries, and Iran's foreign trade. Also includes discussion of Iran's foreign policy, which is described as independent with the purpose of defending Iran's national interests.

Nicolae Ceaușescu and Reza Radmanesh, President of the Politburo of the Central Committee of the Tudeh Party, met in Bucharest. Radmanesh discussed the work and goals of the Tudeh Party and how Iran's recent improved interaction with socialist countries was allowing the activity of the party to increase.

Dranceanu recounts a conversation with the Shah Mohammad Reza Pahlavi. It was brought up that Moscow had suggested that the socialist countries could build a 'consortium' that would receive Iranian oil via a pipeline through the Soviet territory.

Ambassador Sanandaji explained to Ceaușescu in March 1967 that the economic growth of Eastern Europe and the Soviet Union would require increasing oil imports that could be met by Iran's growing crude production. The question was how this oil would reach the European market and how it would be distributed within the socialist bloc.

Records a conversation between Radmanesh and Chivu Stoica, the president of the Romanian Council of Ministers, shortly after the Shah's 1965 visit to the Soviet Union.