Iran, EAEU Hold New Round of Free Trade Talks

A new round of negotiations between Iran and the Eurasian Economic Union regarding their preferential trade agreement was held in Moscow on April 27-28. 
According to the adviser on international affairs and trade agreements of Trade Promotion Organization, fresh talks were mainly focused on finalizing the text of the prospective free trade agreement. 
Mirhadi Seyyedi added that representatives of Iran and five EEU member states discussed the lists of goods that will be included in the agreement. 
“The free trade agreement stipulates that tariffs on 80% of goods will gradually decline to zero and those on the remaining 20% remain unchanged. At present, the text of the agreement has been largely sorted out; there are few points left for further consideration. Talks will continue in the coming months and the agreement will be finalized by the end of 2022,” he was quoted as saying by Mehr News Agency.