Co-op memorandum signed: Iran, Eurasia take new step for free trade, integration

The Iranian Minister of Industry, Mining and Trade has signed a cooperation memorandum with member states of the Eurasian Economic Union. The agreement focuses on the full implementation of a free trade agreement, the elimination of existing trade barriers, and the expansion of transit cooperation between the involved parties.

This initiative represents a strategic effort to deepen economic integration and facilitate trade flows between Iran and the Eurasian region. By formalizing these commitments, the signatories aim to streamline cross-border commercial activities and strengthen regional infrastructure connectivity.