{"id":71619,"date":"2023-06-20T00:00:00","date_gmt":"2023-06-20T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2023\/06\/20\/russia-iran-and-regional-partners-could-ink-trade-agreement-by-years-end\/"},"modified":"2023-06-20T00:00:00","modified_gmt":"2023-06-20T00:00:00","slug":"russia-iran-and-regional-partners-could-ink-trade-agreement-by-years-end","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2023\/06\/20\/russia-iran-and-regional-partners-could-ink-trade-agreement-by-years-end\/","title":{"rendered":"Russia, Iran and regional partners could ink trade agreement by year\u2019s end"},"content":{"rendered":"

<\/span>Russia-Iran talks on a trade agreement are in their last lap<\/span>, <\/span>Russia\u2019s state-owned news agency <\/span>TASS<\/a><\/span> said<\/span>. The FTA between Iran and the Eurasian Economic Union (EAEU) \u2014 a unified economic space comprising Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Russia \u2014 could be signed by year\u2019s end, Russia\u2019s Deputy Prime Minister Alexey Overchuk told TASS.<\/span><\/p>\n

Governments are on board<\/span>:<\/span> \u201cNow, indeed, the EAEU has come very close to concluding such an agreement with Iran. This issue was touched upon, including at the Eurasian Intergovernmental Council and received the support of the heads of government. Therefore, we are making progress. The agreement can be signed,\u201d Overchuk said.<\/span><\/p>\n

Trade with Iran gained renewed importance for Russia after Western sanctions left Moscow cornered<\/span>,<\/span>Reuters<\/a><\/span> explains. Punitive measures levied against Russian trade in the wake of the country\u2019s invasion of Ukraine have forced Moscow to look for alternative markets. A regional accord would scale up interim arrangements between Russia and Iran on reduced customs for hundreds of goods categories. Despite Russia\u2019s recent purchases of large numbers of Iranian drones, commodity trade with Iran grew by only 20% in 2022, Reuters added.<\/span><\/p>\n

Russian negotiators are also pursuing FTAs with Egypt, India, Indonesia, and the UAE<\/span>,<\/span> Overchuk added in his interview with TASS. \u201cAll these countries are friendly to us, they are growing markets, so respectively the economic center of the new multipolar world is moving in their direction,\" he said.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The agreement comes on the back of tighter ties between Moscow and Tehran following Russia\u2019s invasion of Ukraine<\/p>\n","protected":false},"author":1,"featured_media":71620,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[41],"tags":[17,119,226,32],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-71619","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trade","tag-enterprise-logistics","tag-iran","tag-russia","tag-trade","wpautop","entry"],"acf":{"mongo_id":"0e4b9720-954f-4377-bf1c-0b2d4da0fe62","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/6\/934.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Russia + Iran + regional partners look to ink trade agreement by year\u2019s end","related_issue":[71614],"teaser":"The agreement comes on the back of tighter ties between Moscow and Tehran following Russia\u2019s invasion of Ukraine","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/6\/.6f43106f-8f5b-448b-8c59-954fd2da00a4.mp3"},"yoast_head":"\nRussia, Iran and regional partners could ink trade agreement by year\u2019s end - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/logistics\/2023\/06\/20\/russia-iran-and-regional-partners-could-ink-trade-agreement-by-years-end\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Russia, Iran and regional partners could ink trade agreement by year\u2019s end\" \/>\n<meta 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