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Madrid

The "Crossroads of Peace" initiative is of strategic importance. EEC Trade Board:

The "Crossroads of Peace" initiative raised by the Republic of Armenia is of strategic importance.

In Moscow"Armenpress"In response to the reporter's question, this was mentioned from the Board of Trade of the Eurasian Economic Commission.

"We expect the implementation of the" Peace Crossroads "program to significantly strengthen Armenia's role in the Great Eurasian territory, especially due to the expansion of transport corridors and the increase in transit potential. The diversification of transport routes in the South Caucasus will have a positive impact on the development of trade relations with the region, but also with Iran and third countries, including Iranian commentary.

The agency said that the Iranian government has officially expressed its support for the project, emphasizing that the cooperation between the EEU member states and Iran is developing dynamically.

"We are already approaching the implementation of the full free trade agreement between the EEU and Iran. It was signed in 2023. In December, it is expected to come into force in May. We are convinced that the implementation of this agreement will significantly promote trade development, as it will allow us to use the existing trade potential more effectively. Within the framework of the agreement with Iran, we have achieved significant results in liberalization of free trade customs duties, and more than 90% of the goods will be without customs duties, "the answer is said.

According to the EEC, the export of Armenian goods will benefit significantly from this agreement, and the majority of exported goods will be included in the domain of customs dignity privileges. In addition to the availability of the market, special attention was paid to the development of economic branch cooperation, in particular, transport and transit cargo transportation.

In the conditions of significant growth of the EEU and Iran, the modernization of logistics infrastructure, increasing the efficiency of transport chains, as well as the development of new logistics centers becomes the agenda. In this context, the "Crossroads of Peace" transport initiative is of strategic importance, "the statement issued by the EEC Board of Trade.

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