situation report

Russia: Prime Minister Signs Eurasian Economic Union Free Trade Agreement with Iran

1 MIN READApr 24, 2018 | 13:47 GMT

Russian Prime Minister Dmitri Medvedev approved an interim, four-year term agreement for the formation of a free trade area on a limited range of goods between the Eurasian Economic Union and Iran, Tass reported April 24. Negotiations between Iran and the union, which includes Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia, to establish a free trade zone began in 2015. Iran has been seeking additional opportunities for alternative trade as it faces a May 12 deadline regarding whether the United States will renew sanctions relief under the Iran nuclear deal, formally known as the Joint Comprehensive Plan of Action. 

Connected Content

Regions & Countries

Article Search

Copyright © Stratfor Enterprises, LLC. All rights reserved.

Stratfor Worldview


To empower members to confidently understand and navigate a continuously changing and complex global environment.