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  • 25-02-21

    Iran, EAEU trade value reaches USD1.8b

    (MENAFN)Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) stated that the worth of trade amid Iran and the Eurasian Economic Union (EAEU)’s member states reached USD1.8 billion in the first 10 months of the current Iranian year.

    The stated total represents three percent of Iran’s non-oil trade in the ten-month period, according to TCCIMA’s report.

    Iran and Eurasian Economic Union came into a preferential trade deal in October 2018 founded on which 830 goods items were subjected to preferential tariffs.

    The interim deal allowing the formation of a free trade area amid Iran and the EAEU has been inked on May 17, 2018, and officially reached force on October 27, 2019.

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