Iran will become a major partner for the Eurasian Economic Union (EAEU), the union’s minister in charge of trade confirmed.

Signing of deal planned for late December, says Russian president

According to Alexey Overchuk, the EAEU is developing a number of FTA agreements with several more states, with which negotiations are also underwa

​​​​​​​The Eurasian Economic Union (EAEU) is an economic union whose members are most of the countries in the north of the Eurasian region, in Eastern Europe. The treaty establishing this union was signed by Belarus, Kazakhstan, and Russia on May 29, 2014, and it came into effect on January 1, 2015.

Alireza Moqaddasi stated on Sunday that Iran and EAEU trade value from March 21 to August 21 set a 30 percent hike record compared to the same period of last Iranian year.