Irna

Mehdi Sanaie on Saturday about the free trade agreement between Iran and the Eurasia Economic Union said the talks began three years ago, and now a table of commodities for reduction or elimination of tariff has been provided and two sides agreed upon eventually vie a lot of consultation.

The Iranian ambassador to Russia pointed out the benefits of the agreement for Iran, noting that it would have a great impact on regional trade agreements after it takes effect, reducing the customs tariff to the development of trade exchange between Iran and member-states of the Eurasian Economic Union.

Russian President Vladimir Putin approved the agreement last Wednesday by signing the agreement to open a free trade zone between Iran and the Eurasian Economic Union.