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23.04.2025

EEC Held Seminar on Developing Industrial and Agricultural Cooperation with Iran

On April 23, the Eurasian Economic Commission hosted a seminar co-chaired by Andrey Slepnev, EEC Minister in charge of Trade, and Gohar Barseghyan, EEC Minister in charge of Industry and Agriculture, and dedicated to the prospects of cooperation with Iran in the field of industry and agriculture, including business participation in special economic zones in the EAEU and Iran.

The event was organized in anticipation of the entry into force of the full-scale Free Trade Agreement between the Eurasian Economic Union and the Islamic Republic of Iran.

"Such seminars represent an effective platform where there is a possibility to discuss both problematic issues and those areas that could become a new point of growth in the development of our trade and economic relations," said Andrey Slepnev.

He emphasized that once the Agreement comes into force on May 15 this year, companies from the EAEU countries will have unique conditions of access to the Iranian market and expressed hope that the parties will take full advantage of the emerging prospects, including in terms of establishing industrial cooperation.

The agreement, in particular, provides for the creation of a number of dialogue instruments through which the business circles of the EAEU and Iran will be able to discuss various cooperation areas of mutual interest.

"Within sectoral cooperation, we see significant potential in the interaction of industrial and agricultural enterprises, the development of scientific research, technology and innovation, and the expansion of cooperative ties. The EAEU states have great economic potential, while the availability of resources and joint actions open up possibilities to boost the mutual trade turnover of the Member States with Iran, increase the volume of competitive industrial output and develop exports of high-tech products," Gohar Barseghyan noted.

The most promising areas of interaction with Iranian partners in the field of industry and agriculture are planned to be included in the draft Joint Action Plan (Road Map) on trade and economic cooperation between the EAEU, its Member States and Iran, which is aimed at implementing the provisions of the Agreement.

The seminar was attended by representatives of government agencies, business associations and companies of the EAEU countries representing various industries and branches of agriculture and interested in developing cooperation with Iranian partners and entering the Iranian market.