85263
Russia Signs EAEU-Iran FTZ Agreement
Russia Signs EAEU-Iran FTZ Agreement

Russia Signs EAEU-Iran FTZ Agreement

Russia Signs EAEU-Iran FTZ Agreement

Russian Prime Minister Dmitry Medvedev signed an interim agreement with a validity of four years for the formation of a free trade zone to deal with a limited range of goods between the Eurasian Economic Union and Iran, the Russian government’s website announced in a statement. “The agreement provides for the formation of a free trade area on a limited range of goods between the EAEU and Iran. The EAEU will grant Iran tariff concessions on 502 harmonized commodity codes,” the statement was quoted as saying by Russian news agency TASS on Tuesday. According to the statement, the draft agreement was prepared to implement the decision of the meeting of the Supreme Eurasian Economic Council of December 26, 2016, on starting talks with Iran on concluding an interim agreement leading to the formation of a free trade area, and endorsed at the session of the Council of the Eurasian Economic Commission on March 7, 2017. “In accordance with the federal law on the International Treaties of the Russian Federation, the agreement is subject to ratification after signing because it contains rules that differ from those envisaged by Russian legislation,” the statement said.

 

Short URL : https://goo.gl/YjMzAq
  1. https://goo.gl/W6kpJB
  • https://goo.gl/h5pZ8w
  • https://goo.gl/QxeC9h
  • https://goo.gl/WwJ4TG
  • https://goo.gl/pW9Vyr

You can also read ...

Iran-Afghanistan Trade Corridors to Bear Fruit for Both India, China
A strategic deployment of trade corridors is taking shape...
EIB Casts Doubt on European Plan to Salvage Nuclear Deal
The European Investment Bank’s global operations would be put...
India Says Iran Economic Ties Not Affected by US Sanctions
Less than three weeks before the first wave of US sanctions...
MTN Halts Iran Fiber Optic Investment
South Africa’s MTN has halted collaborations with Iranian...
Think Tank Recommends Ways of Overcoming JCPOA Challenges Facing EU
European efforts to keep Iran in the nuclear deal (formally...
Majlis Think Tank Calls for  Regulating Cryptocurrency
The research arm of Iran's Parliament has conducted a study on...
Stocks Bow to Systematic Risks
Systematic risks have caught up with the Iranian stock markets...
Warning to Banks Withholding Customer Data
The Iranian National Tax Administration’s special prosecutor...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus