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25 Sep 2025 Andrey Slepnev: "A three-year cooperation road map to implement the Free Trade Agreement between the EAEU and Iran is signed" This was declared by Andrey Slepnev, Minister in charge of Trade of the Eurasian Economic Commission, at the press briefing held following the first meeting of the Joint Committee on Implementing the Full-Fledged Free Trade Agreement between the Eurasian Economic Union and Iran that came into effect this May. The meeting was attended by Mohammad Atabak, Minister of Industry, Mines and Trade of the Islamic Republic of Iran and Iranian Co-Chair of the Joint Committee, as well as Ruslan Davydov, the EEC Minister in charge of Customs Cooperation. "The extensive document covers such core sections as, for example, transport and logistics, primarily the North-South corridor. We have agreed on creating green customs corridors, digitalization and a shift to e-transit, which opens up opportunities for our enterprises to accelerate delivery of their products to the Iranian market," emphasized Andrey Slepnev. Also, the agenda includes expanding reefer freight under the Eurasian Agroexpress project, interaction between ports and coordination of plans on infrastructure with the prospect of accessing the Indian ocean via Iranian ports. In this regard, the EEC Minister reminded about active consultations with the Indian party on a free trade agreement. Moreover, the same interaction is in the offing with Pakistan, making the Iranian partners an even more attractive link in the North-South corridor. Andrey Slepnev also dwelled on the extensive work to lift Iranian quantitative restrictions on import of goods from the EAEU, which can be regarded as a unique preference of the partner granted to the Eurasian Five countries. "I would like to highlight the signing of a document on certifying halal products, nowadays it is an important topic for trade in agricultural products. Here we agreed to act in accordance with the standards of the Islamic metrology organization," told the EEC Minister in charge of Trade. The parties agreed to begin the work on standards and eliminating technical barriers to trade. Supported by the regulators, a practical dialogue started with the major EAEU and Iranian marketplaces providing a channel for small and medium-sized businesses to deliver their goods. "We have considered other matters, too, such as barter development, settlements, coordinated policy of trade with third countries in the region, cooperation between the business circles," noted Andrey Slepnev. The parties discussed preparing proposals on developing an electronic system for confirming origin of goods and a trade regulation guidebook for businesses of the EAEU and Iran. It was agreed to address Iran's participation in the work of the EAEU Pharmacopoeia Committee as an observer and hold consultations on improving the mutual access conditions for medical devices and equipment, as well as vehicles and spare parts. An agreement was reached to review the application of sanitary and phytosanitary measures affecting trade in agricultural and food products and develop joint proposals on using navigation seals. Also, it was agreed to create a sub-committee on customs cooperation. According to the EEC Minister in charge of Trade, the effects of the full-fledged Free Trade Agreement with Iran are already visible even though it entered into force just in May. Since January, the trade turnover increased by 16% and this figure defines a significant growth that has been observed since 2019 over the duration of the Interim Agreement. The statistics shows that the trade turnover between the EAEU and Iran has grown by over 2.2 times since the preferential trade regime was established. In this regard, the EEC Minister in charge of Trade confirmed the previously announced plans to double the trade in the medium term to reach 12 billion dollars.