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Free trade agreement to expand interaction between Eurasian Economic Union and Iran

"Signing of the agreement on creation of the free trade zone between Iran and the EAEU is scheduled with us to the last days of December," the Russian President said

MOSCOW, December 7. /TASS/. Signing of the free trade agreement between the Eurasian Economic Union (EAEU) and Iran will create further opportunities to expand interaction, President Vladimir Putin said during talks with his Iranian counterpart Ebrahim Raisi.

"We continue working right up to the New year. Signing of the agreement on creation of the free trade zone between Iran and the EAEU is scheduled with us to the last days of December. This will create further opportunities to broaden our interaction," Putin said.

Negotiations on the agreement were completed successfully, as indicated in pre-reads for the meeting. The preferential regime in trade is now in place between the EAEU countries and Iran on the basis of the temporary agreement of May 17, 2018.