Iran expects boom in trade after gaining EAEU observer status
News code :
۱۵۷۶۳۷۵
Iran expects a major boom in trade ties with members of the Eurasian Economic Union (EAEU) after the country gained observer status in the bloc and just months before the two sides enter into a free trade agreement.
Iran’s trade minister Mohammad Atabak said on Sunday that observer membership in the EAEU will enable Tehran to increase its presence in the bloc’s meetings and exchange more trade and economic information with its members.
Atabak made the remarks after returning from an EAEU Supreme Council meeting in Saint Petersburg, Russia, where he signed the agreement for Iran to become an observer member in the bloc on December 26.