The head of Iran’s Trade Promotion Organization (TPO) said the country’s trade with the Eurasian Economic Union (EAEU) has increased by 2.5 times over the past four years.
“Four years ago, we entered a preferential trade agreement with Eurasia, and tariffs on exported goods were reduced or zeroed, during this period, the trade with the member countries of this union has increased 2.5 times,” Mohammad-Ali Dehghan Dehnavi said in a meeting with the members of the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) on Sunday.
According to Dehghan Dehnavi, the Free Trade Agreement (FTA) with EAEU has also been reached and being pursued by the members of the union to be implemented. “We also signed the free trade agreement with the members of the Eurasian Economic Union and the agreement is under revision by the parliament. Three of the five Eurasian member countries have already approved the agreement,” the official said.
Besides, the EAEU member countries also want to supply their goods to Iran,” he added.—Tehran Times
