Russia not planning to curtail security cooperation with Europe — General StaffMilitary & Defense April 26, 13:54
Saudi Arabia hopes for cooperation with Russia in oil sectorBusiness & Economy April 26, 13:30
Russian General Staff: West ignores Moscow’s offers to pool efforts to fight terrorMilitary & Defense April 26, 13:24
Ambassadors of EU member states approve visa waiver for Ukraine — sourceWorld April 26, 13:21
Russian defense chief suggests enlisting private sector to assist in demining SyriaMilitary & Defense April 26, 13:07
NATO building up offensive armaments along border with Russia — General StaffMilitary & Defense April 26, 13:05
Press review: Trump to ease up on Moscow's democracy and Russia goes on gold-buying spreePress Review April 26, 13:00
MiG-31 interceptor jet crashes in RussiaMilitary & Defense April 26, 12:41
Russian court upholds house arrest of ex-economy ministerBusiness & Economy April 26, 12:39
VLADIVOSTOK, September 1. /TASS/. The first stage of establishing the free trade zone with Iran may comprise light industry, agribusiness, and industrial products, Russia’s First Deputy Minister of Economic Development Alexei Likhachev told TASS.
"The primary task at the first stage is to identify goods of mutual interest. Obviously these are light industry and agricultural products from Iran’s side and machinery products from our side," the official said.
Creation of the free trade zone with Iran is complicated by the fact that Iran is not the member of the World Trade Organization (WTO), Likhachev explained
"The difficulty is that Iran is not the WTO member. Import regulation rules are significantly different there. That’s why we need to not merely reduce tariffs but to agree upon principles of import flows regulations, make the system of goods turnover within Iran transparent. This is the main task of the [free trade zone] agreement," he added.
The free trade zone agreement with Iran may not be signed earlier than 2017, the official said earlier.