Euromedia24 on Play Store Euromedia24 on App Sore
BNB

$803.05

BTC

$120156

ADA

$0.791164

ETH

$4279.96

SOL

$178.96

33 °

Yerevan

20 °

Moscow

39 °

Dubai

30 °

London

28 °

Beijing

29 °

Brussels

25 °

Rome

38 °

Madrid

BNB

$803.05

BTC

$120156

ADA

$0.791164

ETH

$4279.96

SOL

$178.96

33 °

Yerevan

20 °

Moscow

39 °

Dubai

30 °

London

28 °

Beijing

29 °

Brussels

25 °

Rome

38 °

Madrid

The Federal Council of the Russian Federation approved the ratification of the free trade agreement between EAEU and Iran


In a plenary session, the Federal Council of the Russian Federation approved the law on the ratification of the free trade agreement between the member states of the Eurasian Economic Union (EEU) and Iran. The document was signed on December 25, 2023 in St. Petersburg. It should replace the temporary agreement between the contracting parties on the establishment of the free trade zone of May 17, 2018. The agreement establishes the basic rules for trade between the EAEU and its member states and the Islamic Republic of Iran, which are "as close as possible to the World Trade Organization (WTO) rules." These rules include most-favoured-nation treatment and national treatment, the application of safeguards and customs administration. , the waiver of the application of quantitative bans and restrictions on the import of goods, as well as the provisions fixing the WTO basic standards and technical regulation provisions in terms of veterinary, sanitary and phytosanitary measures. In addition to the WTO standard rules, the agreement provides obligations that are beyond their scope, but, nevertheless are used in the EAEU. Obligations to ensure a 180-day transition period between the publication of technical regulations and their entry into force are established. According to documents attached to the law, this provision "increases the transparency of Iran's trade regime and aligns the regulatory environment with the EAEU, which already operates under this principle." The agreement provides for cooperation in various fields, including mineral extraction, processing and utilization, energy efficiency, research and innovation, education, medicine, transport, including multimodal (mixed) transport, telecommunications, transport and logistics infrastructure and transport corridors. The document also establishes a preferential trade regime for "about 87% of the list of foreign economic activities". As Russian parliamentarians note, the implementation of the agreement will allow Russian exporters to save about 300 million dollars annually when paying customs duties. It is expected that the agreement will contribute to the further development of cooperation with Iran in the trade and economic sphere.

More News

...

Aliyev and Pashinyan will pay dearly for peace. Iran (video)

The neighbors complained about Zuckerberg. Nyt

The Spanish Foreign Minister welcomed the Putin-Trump's upcoming meeting

The Iranian Foreign Ministry has submitted the condition of reducing the nuclear program

The Prime Minister of Georgia believes that Trump will reconsider his policy towards the country

The Prime Minister of Georgia predicts the victory of the ruling party throughout the country

Putin told Pashinyan about the results of the conversation with Wittoff

The US Senator has died after assassination attempts in Colombia

Trump demanded to organize a meeting with Putin as soon as possible. CNN:

Philippo. McRo and Zelenki are amazed by Trump Putin's meeting

Tusk. Europe does not recognize Ukraine's territorial concessions

Iran and the United States continue to exchange messages through mediators

The beast has accused Israel of the targeted murder of journalists

Azerbaijan has provided two million dollars in humanitarian aid to Ukraine

Putin will become the first Russian leader who visited Alaska

The State Duma noted the possible topics of Putin and Trump's meeting in Alaska

The Israeli army claims that the bombing in Syria intended to fight against illegal weapons

CNN. Trump has ordered the portraits of Obama and Bush to remove from the sight of the White House visitors

Archchi. Ali and Pashinyan refused to create a bell corridor of Zangezur

Syria tv. The Israeli army cleared the village of Kennaytra