‘FTA with EAEU provides Iran access to EAEU’s $70b agricultural market’

December 29, 2023 - 16:29

TEHRAN – The head of the Iran Chamber of Cooperatives (ICC) Agriculture Committee has said the signing of the Free Trade Agreement (FTA) with the Eurasian Economic Union (EAEU) has facilitated Iran’s access to the $70-billion agricultural and food products market of the EAEU nations.

“The Eurasian countries are directly or indirectly neighbors of our country, and we share land border with Armenia, and have sea borders with the countries of Kazakhstan and Russia, and have access to Kyrgyzstan and Belarus. These countries are a very wide market for our country,” Arsalan Ghasemi told IRNA on Thursday.

Iran and the EAEU member states, Belarus, Kazakhstan, Kyrgyzstan, Russia, and Armenia, signed a free trade agreement in a ceremony in St. Petersburg on Monday, December 25.

EF/MA

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