EAEU countries and Iran could sign a free trade agreement as early as next week, which would greatly increase trade turnover between them. This was reported by “Kommersant”.
The signing ceremony will be held on December 25 in St. It is planned to be held at the meeting of heads of state in St. Petersburg.
“Unlike the “temporary” free trade zone with the country that has been in force since 2019 (Iran. – Ed.), the reduction in duties will now affect 90% of all items and more than 99% of supplies from the EAEU. countries,” the publication says.
This is the first agreement made with Iran.
As a result, the parties expect a significant increase in the supply of food and industrial products, which will lead to a threefold increase in turnover to 18-20 billion dollars in five to seven years.
It is also expected that lowering taxes on components will help facilitate localization of production.
The Eurasian Economic Union (EAEU) includes five countries: Russia, Belarus, Armenia, Kazakhstan and Kyrgyzstan.
On December 7, Russian President Vladimir Putin said that the free trade agreement had been signed. will expand Interaction between the EAEU and Iran.
On November 28, the Russian company signed long term agreement For the supply of grain to Iran.
Previously, Nebenzya announced that there was no material between Iran and Russia. violating the JCPOA.