Iran
The fifth round of the preferential trade agreement talks between Iran and India were held in Iran.
TEHRAN- The Eurasian Economic Union (EAEU) has removed tariff rates for the import of 10 Iranian products, according to the head of the Iranian National Union of Agricultural Products.
Amid the coronavirus outbreak, activist from Gilgit-Baltistan has called on the international community to tell China to permanently discontinue mega projects ike the Belt and Road Initiative (BRI) and the China-Pakistan Economic Corridor (CPEC) as they have become "conduits for pandemics and not prosperity.
Opening a long-pending multi-modal transportation corridor via Iran will be a big boost for bilateral trade between Russia and India, but it’s not just the economy at stake. This is a bold move against the threat of US sanctions.
Iran and India finalized talks on ratification of preferential tariffs on specific equipment needed for implementation of Iranian Chabahar Port project besides financing supply of required machinery for the project.
An Iranian official said an accord between Tehran and the Eurasian Economic Union (EAEU) countries will turn into a free trade agreement within the next two or three years.
Head of Iran’s Trade Promotion Organization said the country plans to start talks with the Eurasian Economic Union (EAEU) in 2020.
The Eurasian Union is working diligently to sign FTA agreements with interested countries. Such agreements bolster the EAEU’s positions in the regional and global economy.
This agreement includes 862 products, with 360 related to Eurasian Economic Union (EAEU) and 502 to Iran.
The Rouhani administration and parliamentarians alike are eager to implement policies that may help bolster Iran’s economy as sanctions cause a sharp recession.
The interim free trade agreement between the Eurasian Economic Union and Iran will come into force on 27 October, Minister for Trade of the Eurasian Economic Commission, said.
Iranian President Hassan Rouhani says the country will officially join the Eurasian Economic Union (EAEU) on October 27.
Officials from both parties exchanged messages about completing the necessary procedures to enforce an interim agreement leading to the formation of the free trade area.
Iranian President Hassan Rouhani has tasked the country’s Ministry of Industry, Mine and Trade to start implementing the free trade zone agreement with the Eurasian Economic Union.
A high level Iranian delegation is reaching Islamabad on a two day visit to attend Pak-Iran Joint Trade Committee and discuss three proposals for trade with Iran.
Senior officials of India and Iran are likely to hold fifth round of negotiations for a bilateral preferential trade agreement (PTA).
At the plenary session of the Senate of Kazakhstan, the deputies adopted a law on ratification of a temporary agreement on the formation of a free trade zone between the countries of the Eurasian Economic Union (EAEU) and Iran
Pakistan will not ink the FTA with Iran, rather it will first prefer to make Preferential Trade agreement (PTA), which is already effective since long and giving the required dividends.
Pakistan and Iran are most likely to finalise the draft for Free Trade Agreement (FTA) during the two-day talks on April 22-23 to be held in Islamabad.
Iran’s Dayyani group started a procedure to seize the South Korean government’s assets in the Netherlands after winning its investor-state dispute against it. This is the first time that such a procedure has been initiated against the South Korean government.
