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Iran-EAEU trade doubled in 4 years

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The minister in charge of trade of the Eurasian Economic Commission (EEC) said that the Eurasian Economic Union (EAEU)’s cooperation with Iran is actively expanding in various fields, and trade between the two sides has doubled over the past four years.

Andrey Slepnev also said that trade between the union and the Islamic Republic of Iran rose 22 percent in 2022. The important thing is that bilateral trade exchanges are balanced, that is, almost as much as the Eurasian Economic Union supplies goods to Iran, Iran also exports goods to the member countries of this union, the official noted. Emphasizing that the EAEU attaches great value to Iranian goods, the minister in charge of trade of the Eurasian Economic Commission said: “Agricultural products now account for 75 percent of the trade exchanges of this union with Iran.” “Industrial goods have a special place in the framework of cooperation between the Eurasian Economic Union and Iran, and therefore.—Tehran Times

 

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