The Eurasian Union is working diligently to sign FTA agreements with interested countries. Such agreements bolster the EAEU’s positions in the regional and global economy.
This agreement includes 862 products, with 360 related to Eurasian Economic Union (EAEU) and 502 to Iran.
The Rouhani administration and parliamentarians alike are eager to implement policies that may help bolster Iran’s economy as sanctions cause a sharp recession.
The interim free trade agreement between the Eurasian Economic Union and Iran will come into force on 27 October, Minister for Trade of the Eurasian Economic Commission, said.
Iranian President Hassan Rouhani says the country will officially join the Eurasian Economic Union (EAEU) on October 27.
Officials from both parties exchanged messages about completing the necessary procedures to enforce an interim agreement leading to the formation of the free trade area.
Iranian President Hassan Rouhani has tasked the country’s Ministry of Industry, Mine and Trade to start implementing the free trade zone agreement with the Eurasian Economic Union.
A high level Iranian delegation is reaching Islamabad on a two day visit to attend Pak-Iran Joint Trade Committee and discuss three proposals for trade with Iran.
Senior officials of India and Iran are likely to hold fifth round of negotiations for a bilateral preferential trade agreement (PTA).
At the plenary session of the Senate of Kazakhstan, the deputies adopted a law on ratification of a temporary agreement on the formation of a free trade zone between the countries of the Eurasian Economic Union (EAEU) and Iran
Pakistan will not ink the FTA with Iran, rather it will first prefer to make Preferential Trade agreement (PTA), which is already effective since long and giving the required dividends.
Pakistan and Iran are most likely to finalise the draft for Free Trade Agreement (FTA) during the two-day talks on April 22-23 to be held in Islamabad.
Iran’s Dayyani group started a procedure to seize the South Korean government’s assets in the Netherlands after winning its investor-state dispute against it. This is the first time that such a procedure has been initiated against the South Korean government.
After two rounds of negotiations, Jerusalem close to agreement with Eurasian Economic Union; separately, Tehran also set to sign deal ‘in the near future’.
Russia expects to make free trade zones agreement with Israel, Singapore, India, Egypt and Iran in coming future, First Deputy Minister of Industry Sergey Tsyb said.
Iran and Pakistan will hold further talks on Free Trade Agreement during second week of February 2019 focusing on finding out ways to resolve banking channel issues.
Russia’s State Duma has endorsed an agreement for the establishment of a free trade zone between Iran and the Eurasian Economic Union.
South Korea is seeking to cancel a recent investor-state dispute settlement decision by an international tribunal in which the government was asked to compensate US$65 million to an Iranian company.
The Korean government was ordered to pay about 73 billion won to an Iranian investor who filed an investor-state lawsuit, claiming that he suffered losses in the process of participating in an auction for Daewoo Electronics in 2010.