InternationalInternational Economics

Signing of the protocol for the extension of the Iran-Eurasia Preferential Trade Agreement


Alireza Peyman Pak saidوگو With the economic reporter referring to the signing of the protocol for the extension of the Iran-Eurasia Preferential Trade Agreement by the Minister صمتStated: Considering that the Preferential Trade Agreement between Iran and the Eurasian Economic Union was signed in 1997 and its implementation had started on November 26, 2009, and considering that the duration of this agreement was 3 years, it was expected that the free trade agreement would be signed after 3 The year is prepared and replaced with it.

He added: “The countries of the Eurasian Economic Union and Iran have agreed that if the negotiations for a free trade agreement are not completed before November 26, 1401, the current agreement will remain in force and will continue to be implemented, until a break in trade incentives is defined.” Does not exist between these countries and Iran.

The head of the Trade Development Organization of Iran stated: “In fact, the extension of the current agreement will cause a vacuum in Trade relations are not established between us.

The Deputy Minister of Industry, Mines and Trade stated: “A year ago, negotiations on the conversion of the current Preferential Trade Agreement into a Free Trade Agreement with the five countries of the Eurasian Economic Union began and continued at a faster pace in the thirteenth government.”

He added: “Given that the ratification of the new agreement in the parliaments of the Eurasian Economic Union member states takes about a year and a half, this extension will be done so as not to create a gap between the current agreement and the free trade agreement that is being negotiated.”

The head of Iran’s Trade Development Organization said: “With the signature of the Minister of Industry, Mines and Trade, it has become possible for this agreement to continue after 3 years and there will be no interruption in trade relations between us.”

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