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.
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.
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.
India will soon begin talks with Iran on a trade accord just as the US has turned hostile toward the Persian Gulf nation, threatening it with renewed sanctions after walking out of a nuclear accord with the country.
The five-nation Eurasian Economic Union has signed a 3-year provisional agreement with Iran to welcome the Islamic Republic into the bloc’s free-trade zone.
The agreement provides for the formation of a free trade area on a limited range of goods between the EAEU and Iran.
Foreign Minister Khawaja Muhammad Asif and his Iranian counterpart Dr. Javad Zarif on Monday agreed to continue engagement for enhancing economic cooperation including bilateral trade, investments, and commercial interaction to promote shared prosperity.
Iran president Hassan Rouhani visited India between 15 and 17 February. In his first-ever visit after taking over as President of Iran, Rouhani met Prime Minister Narendra Modi on Sunday and held "substantive and productive" talks to boost cooperation in areas of defence and security, trade and investment, and energy, the Ministry of External Affairs said.
The preferential trade agreement between Iran and Eurasian Economic Union will be in effect for three years.
Pakistan and Iran have finalized the draft of the much-awaited Free Trade Agreement and the expeditious resolution of banking channel issues.
Pakistan and Iran have decided to strike a deal on trade despite slow or no progress regarding the implementation of a payment mechanism and the Iran-Pakistan gas pipeline project.
The Indonesian and Iranian governments discussed tariff reduction in the fourth round of the preferential trade agreement negotiations to expand market access for Indonesian products.
Iran is ready to establish preferential tariffs and free trade with some regional countries, particularly Afghanistan, Pakistan and Oman.
The government is optimistic that it will conclude four bilateral free trade agreements this year: comprehensive economic partnership agreements (CEPA) with Australia, the European Free Trade Association and Chile as well as a preferential trade agreement (PTA) with Iran.
Malaysia expects to conclude free trade agreements with Hong Kong and Iran by year-end and affirms that the FTA between Malaysia and EU is also advancing
Indonesia and Iran have agreed to finalize negotiation on the Preferential Trade Agreement by the end of 2017, to expand access and diversify of exported products to non-traditional markets.