📌 Tehran, IRNA – Iran’s minister of industry, mine and trade called for removing trade barriers and facilitating direct engagement between companies and the private sector of the member states of the Iran-EAEU free trade agreement, aimed at stronger trade cooperation.
The second meeting of the Joint Committee for the Implementation of the free trade agreement between Iran and the Eurasian Economic Union (EAEU) was held on October 14. Seyed Mohammad Atabak, Iran’s Minister of Industry, Mine and Trade, Andrey Slepnev, EAEU Minister in charge of Trade, and ambassadors of the member states attended the meeting.
Atabak said the union, with a population of more than 180 million and a significant geographical scope, possesses diverse capacities in energy, transportation, industry, agriculture, and trade.
The Iranian minister said the value of Iran’s trade with EAEU member states exceeded $7 billion in 2025, marking a 25 percent increase compared to 2024.
During the same period, Iran’s non-oil exports stood at about $2.149 billion, while imports from the EAEU member states were reported at around $4.928 billion, he added.
Atabak put the value of bilateral trade exchanges in the first eight months of 2026 at about $4.486 billion.
For his part, Andrey Slepnev, EAEU Minister in charge of Trade, expressed the support of the governments and members of the Eurasian Economic Commission for the Iranian people in the current difficult circumstances, stressing: “We remain reliable partners for cooperation.”
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