Economic cooperation between the countries has been growing at a record pace, according to Deputy Prime Minister Aleksandr Novak
Iran is expected to enter the Russian-led Eurasian Economic Union (EEU) in the near future, Russian Deputy Prime Minister Aleksandr Novak revealed on Tuesday.
“We agreed to remove all barriers that currently exist in the way of developing trade between our countries. And we are talking about lowering barriers at the borders of third countries,” Novak said during a meeting of the intergovernmental commission on trade and economic cooperation between Russia and Iran.
The EEU, which is based on the Customs Union of Russia, Kazakhstan, and Belarus, was established in 2015. It was later joined by Armenia and Kyrgyzstan. In 2016, Vietnam officially became the first non-regional country to become a member of the bloc. The union is designed to ensure the free movement of goods, services, capital, and workers between member nations.
More than 50 countries and international organizations, including China, Indonesia, Jordan, Thailand, and some South American countries, have expressed an interest in a free-trade deal with the EEU.
According to Novak, the volume of trade between Russia and Iran has been growing at a “record pace.” It was up by over 36% in January-August in annual terms, hitting $3.3 billion. The Deputy PM expressed confidence the figure could soon reach $4 billion......more below
https://www.rt.com/business/565730-iran-russia-free-trade-zone/
Russian Foreign Ministry spokeswoman Maria Zakharova earlier said that the treaty provides for various forms of bilateral cooperation.
The comprehensive strategic partnership agreement between Russia and Iran has entered into force, Iranian Ambassador to Russia Kazem Jalali told Sputnik.
"It is already binding," Jalali said when asked about the date of entry into force of the agreement, as well as whether Iran had notified Russia of the completion of internal procedures.
He recalled that the treaty was ratified by both chambers of the Russian parliament, and Russian President Vladimir Putin signed it. At the same time, the document was ratified by the Iranian parliament, approved by the Guardian Council, and the president issued it as a law.
"Therefore, in both countries it currently has the form of a law and, naturally, has entered into force," Jalali said.
On January 17, Putin and his Iranian counterpart, Masoud Pezeshkian, met in Moscow to sign the Comprehensive Strategic ...
Defying the United States threats, ministers from more than 30 nations have packed Bogotá’s San Carlos Palace to charge the Israeli regime with genocide over its October 2023-present brutal military assault against the Gaza Strip.
The dramatic display of international solidarity saw dozens of high-ranking officials from across the globe convene inside the stately palace on Tuesday, determined to hold the regime accountable for, what they unequivocally called, a “war of genocide.”
The two-day emergency summit, organized under the auspices of The Hague Group -- a coalition co-chaired by Colombia and South Africa -- had representatives, ranging from such countries as Algeria and Brazil to Pakistan and Spain, in attendance.
The participants described the drive as a coordinated effort to stop the Israeli atrocities.
Behind closed doors, ministers and envoys, meanwhile, engaged in intensive sessions aimed at drafting collective measures to pressure the regime -- steps expected to be unveiled by ...
