The Eurasian Economic Union ensures the free movement of goods, services, and capital between its member states
Iran and the Russia-led Eurasian Economic Union (EEU) on Thursday sealed a memorandum on free trade, RIA Novosti reports.
According to the media outlet, the signing ceremony took place in Tehran on the territory of the International Exhibition Center. The document was reportedly signed in the presence of Deputy Minister of Industry, Mine and Trade Alireza Peyman-Pak, who is also the head of Iran’s Trade Promotion Organization.
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. The union is designed to ensure the free movement of goods, services, capital, and workers between member nations.
Iran has previously been able to exchange goods with EEU member states on the basis of preferential trade. The union has provided discounts for Iranian goods, while Tehran has granted preferences to items originating from the Eurasian bloc.
News that the Islamic Republic is joining the EEU free-trade zone comes as cooperation between Russia and Iran has started expanding rapidly amid Western sanctions against the two countries. Between January and October 2022, trade turnover between Moscow and Tehran reached $4 billion, surpassing the figure for all of 2021, according to Russia’s Customs Service. Russian exports to Iran surged by 27%, while imports from the country jumped by 10%, the data showed.
READ MORE: New trade route helps Russia and Iran bypass sanctions – Bloomberg
Last year, the nations reached a number of agreements, including arrangements for the purchase of aircraft equipment, and for the joint construction of gas pipelines and gas field development.
https://www.rt.com/business/570141-iran-russia-free-trade-zone/
Islamic Republic inflicted “heavy” and “extensive” damage on Israel during its US-backed aggression of June against Iran.
Speaking on Monday, Iranian Deputy Foreign Minister for Legal and International Affairs, Kazem Gharibabadi, said in the course of the aggression, Iran dealt a “severe blow” to Israel, which had remained arrogant since the wars in the 1960s, particularly the Six-Day War and subsequent conflicts with Arabs.
“During the war, we inflicted very heavy losses upon the Zionist regime, only a portion of which was made public. Israel itself prevented the full disclosure of the extent of damage caused by Iran’s missile attacks.”
“The reports and images we received from various satellites, together with information obtained from multiple sources in the Israeli-occupied territories, all indicated that the damage sustained [by the regime] was absolutely extensive.”
He said Iranian missiles penetrated through the host of defense systems deployed by several ...
Israeli forces stormed the sealed headquarters of the UN agency for Palestinian refugees (UNRWA) in occupied East al-Quds, raiding the long-standing compound in Sheikh Jarrah just days after the UN General Assembly overwhelmingly renewed the agency’s mandate.
In a statement on Monday, the al-Quds Governorate, affiliated with the Palestinian Authority (PA), said Israeli police entered the compound, detained its security guards, and confiscated their phones.
“Israeli police cut off communication, making it impossible to know what is happening inside the compound,” the statement said.
Officials added that the raid was carried out “alongside a complete closure of the surrounding area and extensive searches across all facilities of the building.”
The compound, used as an UNRWA office since 1951, had been vacated earlier this year following a decision by Israel......more below
https://www.presstv.ir/Detail/2025/12/08/760269/Palestine-UN-UNRWA--al-Quds--
The document’s dismissal of Europe “as a power of no significance signals that there are three truly great powers left: the United States, Russia and China,” military expert Alexei Borzenko told Sputnik.
The US is also “well aware that we’ve outpaced them on certain types of weapons,” the observer said, citing Russian advances in hypersonics, and the depletion of US and European weapon stocks in Ukraine.
The US is eager to end the crisis in Ukraine, which has proven “a dead-end situation" for NATO "from which the only way out is peace,” Borzenko said, citing the document’s conciliatory language on the conflict and on Russia.
Furthermore, “during negotiations, the Americans figured out what the Kiev junta represents, and how difficult it is to negotiate with it. They understand what kind of crooks they are dealing with” and are tired of it, Borzenko argues.
That’s why various leaders’ recent claims that the Ukrainian crisis could end abruptly seems like a real ...
