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04.12.2023 (Обновлено: 05.12.2023 15:02)

Andrey Slepnev, “The EAEU and Iran are on the verge of transition to a full-scale economic integration model in a free trade regime and deepening sectoral cooperation”

Andrey Slepnev, Minister in charge of Trade of the Eurasian Economic Commission, took part in the second international exhibition EURASIA EXPO, which started in Tehran on December 4, 2023.

“Logistics and transport connectivity, development of the North-South economic corridor, digitalization and technological transformation, technological sovereignty and mutual assistance in achieving it, the financial sector – today all these areas of cooperation are of fundamental importance,” the EEC Minister noted at the exhibition opening ceremony.

He recalled that since October 2019, a temporary preferential trade agreement had been in force between the EAEU and Iran, according to which duties in mutual trade are reduced or eliminated for a limited nomenclature of goods.

“We see that over the past three years, trade turnover between the EAEU and Iran has doubled. We see that businesses of both parties are interested in further improving the conditions for cooperation. Our response to their request is that by the end of this month a full-scale agreement will be signed, making almost all trade duty-free, and non-tariff barriers will also be reduced. I am confident that there is every opportunity to double trade turnover again,” added Andrey Slepnev.