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Targeting 10 billion dollars for Iran’s trade with the Eurasian Economic Union

27 May 2023
Targeting 10 billion dollars for Iran’s trade with the Eurasian Economic Union

“Mohammed Rizwanifar” in a meeting with Ilder Alisharaf, Customs Minister of the Eurasian Economic Union, referring to the temporary trade agreement between Iran and Eurasia, stated that the will of the Iranian government is strategic development and expansion of relations with member countries. He added: Last year, the total volume of trade between Iran and […]

“Mohammed Rizwanifar” in a meeting with Ilder Alisharaf, Customs Minister of the Eurasian Economic Union, referring to the temporary trade agreement between Iran and Eurasia, stated that the will of the Iranian government is strategic development and expansion of relations with member countries.
He added: Last year, the total volume of trade between Iran and the member countries of the Eurasian Economic Union was 3.3 billion dollars, among which the share of exports was 1.5 billion dollars and the share of imports was 1.7 billion dollars.
He pointed out: Last year, the volume of transit exchanges between Iran and the member countries of the Eurasian Economic Union was 1.8 million tons, of which 1 million tons were exchanged from the origin of the union and 700,000 tons from Iran.
The head of customs stated that there are good proposals for developing and increasing the speed of exchanges, and emphasized: Although exchanges are limited to a few items in interactions, they have a good diversity, which includes the export and import of industrial, agricultural, construction and petrochemical products. It can be done and on this basis, being diverse according to the will of the governments and the extent of the markets shows that the realization of 10 billion dollars of trade is not far from reach.
He clarified: We had a set of agreements with Eurasian countries, some of which have a history of more than 40 years, and it seems that we should harmonize these sets of agreements with the free trade agreement with Eurasia.
Rizvanifar pointed out: I suggest that we reach a specific agreement in a joint working group on issues such as electronic exchange of information and documents, exchange of value and tariff information, bilateral training program, operationalization of transit agreements and provision of special facilities and support for authorized economic operators. .

In this meeting, Ilder Alisharaf, the minister in charge of customs of the Eurasian Economic Union, stated that communication is expanding every day, and stated: I am sure that today’s meeting can help to bring the member countries closer and achieve more success in the implementation of agreements.
He added: There is a three-year temporary agreement between the member states of the Union with Iran, but we look at this agreement as an unlimited one, and with the approval of the unlimited trade agreement, more concessions will be taken into account.
Alisharf emphasized: We predict that the same upward trend will continue in the future of exchanges, and proposals for more use of the facilities should be made in this meeting.