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Iran-EAEU close to concluding free trade agreement

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The Islamic Republic of Iran and the Eurasian and Economic Union (EAEU) are close to concluding a long-awaited free trade agreement (FTA) and the FTA could go operational this year, a Russian official said.

Signing the free trade agreement between Iran, Russia, and several countries, which covers a large area of Eurasia from the borders of Eastern Europe to China, will be possible by the end of this year, Russian Deputy Prime Minister Aleksey Overchuk told TASS. “We are moving forward and very much hope that such an agreement will be signed by the end of the year,” Overchuk stressed.—Tahran Times

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