Iran signs preferential trade deal with Eurasia


(MENAFN) Iran and the Eurasian Economic Union (EEU) signed, in a ceremony in the Kazakh capital of Astana, the accord and agreed to reach a comprehensive and lasting deal within the next three years, Tasnim News agency reported.

The document was signed by Iranian Minister of Industry, Mine and Trade Mohammad Shariatmadari, Chairman of the board of the Eurasian Economic Commission Tigran Sargsyan, and deputy prime ministers of Belarus, Armenia, Kazakhstan, and Russia.

In comments after signing the agreement, Sargsyan said a final deal would reduce or eliminate tariffs on the imports of a wide range of items.

A draft agreement between Iran and the EEU was signed in Armenia in July 2017.

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