Iran and the EAEU may create a Free Trade Zone
The Chairman of the EEC Board Tigran Sargsyan discussed topical issues of forming a free trade zone (FTZ) between Iran and the EAEU States with the Ambassador of the Islamic Republic of Iran in the Russian Federation Mehdi Sanaei on December 5, 2016.
Tigran Sargsyan thanked Mehdi Sanaei for the opportunity to discuss the directions of trade cooperation and noted that the issue of forming a free trade zone remains the most important aspect of the constructive dialogue between the Eurasian integration association and the Islamic Republic of Iran.
According to the Chairman of the EEC Board, Iran is among priority countries for the EAEU in terms of creating an FTZ. At that, the Presidents of the Union countries have repeatedly called for the deepening of relations between the Eurasian Economic Union and Iran.
Mehdi Sanaei, in his turn, stressed the seriousness of Iran's intentions regarding the FTZ establishment with the EAEU States and confirmed the interest of the country in the maximum acceleration of this process.
"Iran maintains good trade and economic relations with all the States of the EAEU. For this reason we have every reason for the formation of effective cooperation," said the Ambassador of the Islamic Republic of Iran in the Russian Federation.
In conclusion, the parties expressed support for the proposal of Mehdi Sanaei to organize a conference in Iran with participation of scientific and business communities of the Islamic Republic to present the work of the EEC, the functioning of the EAEU and prospects of economic cooperation between Iran and the Union States.
Press-release at the official Eurasian Economic Commission web-site