Iran Seeks Trade Agreement with Eurasian Union

Iran's Ambassador to Russia, Dr. Medi Sanaei


MOSCOW—Iran is seeking to sign an agreement with the Eurasian Economic Union (EEU) in 2015 to facilitate mutual trade, according to Iranian Ambassador to Russia, Dr. Mehdi Sanaei.

Sanaei said that the Iranian Ministry of Industry, Mining and Trade has been negotiating with the EEU to reduce customs duties between Iran and the EEU member states, the IRNA news agency reported on Wednesday.

“I think that in 2015 we need to work on this so that Iran has concrete economic contracts with the EEU… Iran plans to use this opportunity for its exports to Russia and other [countries],” Sanaei told RIA Novosti in an interview.

“It’s possible that some sort of contract or memorandum on mutual understanding needs to be signed,” the ambassador added.

He said that currently there are high tariffs on Iranian exports to Russia.

Argentine Ambassador to Russia Pablo Anselmo Tettamanti says the Eurasian Economic Union (EEU) is an important partner for Argentina, and Mercosur wants to continue developing cooperation with their Eurasian partners. He also added that Russia is discussing new investment opportunities with Argentina.

Mercosur countries see the Eurasian Economic Union (EEU) as an important partner and will continue to develop cooperation with it, Argentine Ambassador to Russia Pablo Anselmo Tettamanti told RIA Novosti.

According to the ambassador, Argentina facilitated significant progress in reaching an agreement between Mercosur and the Eurasian Economic Union in the last six months of 2014. A number of meetings held in Moscow and Buenos Aires have led to the creation of a draft cooperation agreement in the economic and trade spheres between the two regional trading blocs.

“The EEU is an important partner for us and we are certain that Mercosur will continue along the line of cooperation development. A memorandum on mutual understanding will allow us to sit down and discuss in more detail what exactly we want to achieve,” Tettamanti told RIA Novosti.

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