Putin Seeks Expanded Eurasian-Iranian Economic Ties After EAEC Summit

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Putin Holds Talks with Iranian Delegation After EAEC Summit

President Vladimir Putin engaged in discussions with representatives of the Iranian delegation following the Supreme Eurasian Economic Council (EAEC) meeting. The conversations were reported by contemporary Russian news agencies, highlighting the ongoing dialogue between Moscow and Tehran on regional economic coordination and future collaboration within the Eurasian space. The meeting underscored the bilateral interest in expanding practical ties as the Eurasian integration process moves forward.

Among the participants was Abbas Aliabadi, the Iranian Minister of Industry, Mining and Trade. He was present in Saint Petersburg, where he earlier signed a free trade agreement establishing a framework for closer economic cooperation between Iran and the member states of the Eurasian Economic Union (EAEU). The presence of Aliabadi in the Northern capital signified a shared purpose in advancing trade facilitation, investment opportunities, and mechanisms to reduce barriers to mutual commerce. The discussions with the Iranian delegation took place against the backdrop of a broader intergovernmental agenda and a series of concrete documents signed during the same period. The sequence of events suggested a deliberate effort by both sides to cement results obtained during the EAEC session and to translate them into actionable steps in the near term. Attribution: Kremlin press service and accompanying official briefings.

The participants reviewed the outcomes of the summit and noted that a package of documents had been signed, marking the culmination of negotiations that spanned several months. The exchanges focused on translating high-level commitments into practical measures that could be implemented at the level of bilateral and multilateral cooperation. Observers stressed that these documents are designed to strengthen economic coordination, streamline regulatory alignment, and support sustained growth in key sectors of shared interest. Attribution: official summaries from the EAEC proceedings.

During the EAEC session, Putin stated that the share of national currencies in trade within the EAEU exceeds ninety percent. This statistic was presented as evidence of the growing financial integration among member states and the efficiency of using local currencies for routine trade settlements. The emphasis on currency diversification aimed to reduce exposure to external shocks and to foster greater monetary autonomy within the Eurasian grouping. The remarks reflected a broader strategy to deepen regional financial cohesion while preserving the flexibility needed to respond to evolving economic conditions. Attribution: presidential remarks and EAEC communiqués.

Following the open exchanges, the President of Russia reaffirmed that all members of the Eurasian Economic Union Council agreed to approve the program document, described as a final declaration. The document outlines a series of coordinated actions designed to bolster joint efforts across key sectors and identifies additional areas where cooperation can be expanded. In essence, it serves as a roadmap for reinforcing economic resilience, promoting industrial collaboration, and enhancing infrastructure projects that benefit the entire EAEU and partner states. The agreed declaration signals a shared commitment to concrete steps, measurable benchmarks, and transparent reporting on progress. Attribution: official council statements and post-summit briefings.

Earlier in the Kremlin, there were clarifications about the agenda for the EAEU summit in Saint Petersburg, with emphasis on aligning strategic priorities and ensuring that the discussions translated into tangible results for all participating nations. The clarifications reflected a careful handling of the summit’s agenda to maximize substantive outcomes, including potential sector-wide initiatives and mechanisms for continued dialogue beyond the meeting itself. Attribution: Kremlin press office.

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