According to TASS, on December 25, local time, the member states of the Eurasian Economic Union (EAEU) signed a comprehensive freedom** agreement with Iran, which will replace the provisional agreement signed and entered into force in 2019.
It is reported that a meeting of the Supreme Council of the Eurasian Economic Commission was held in St. Petersburg on 25 July. During the meeting, the member states of the Eurasian Economic Union signed a comprehensive freedom** agreement with Iran.
The meeting of the Supreme Council of the Eurasian Economic Commission was held in St. Petersburg on the 25th **TASS.
The agreement was signed by the Chairman of the Supreme Council of the Eurasian Economic Commission (EEC) Mikhail Myasnikovich, Russian Deputy Prime Minister Alexei Ovchuk, Iranian Minister of Industry, Mines Abbas Aliabadi, and representatives from Belarus, Armenia, Kazakhstan and Kyrgyzstan.
Myasnikovich told reporters that "the agreement officially entered into force from the date of ratification by the member states of the Eurasian Economic Union." I do not believe that parliaments will delay this process and will implement it as soon as possible. He added that the time has come for both sides to work pragmatically on establishing a mechanism to implement the agreement** and the terms of the investment.
We have calculated: at the current level of development of relations, first of all, there will be savings in customs duties, which is a very large amount of money. Both Russian and Iranian businesses will benefit from this. Of course, [the agreement] will also create better opportunities for both sides to enter each other's markets," Offchuk noted.
For his part, the representative of Iran, Aliabadi, said that the agreement not only promotes the best among countries, but also creates prerequisites for the development of tourism.
According to public information, the Eurasian Economic Union, founded in 2015, is also known as the Eurasian Economic Commission, and its member states include Russia, Kazakhstan, Belarus, Kyrgyzstan and Armenia, all of which are important partners in the construction of the "Belt and Road". The goal of the alliance is to achieve the free movement of goods, services, capital and labour within the alliance by 2025, and to pursue coordinated economic policies.
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