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FTA with EAEU great opportunity for Iran, Belarus to expand trade

Christian Fernsby ▼ | April 27, 2020
Iranian Industry, Mining, and Trade Minister Reza Rahmani said Iran's Free Trade Agreement (FTA) with Eurasia Economic Union (EAEU) has created a great opportunity for Iran and Belarus to deepen their trade ties.
Reza Rahmani
Minister   Reza Rahmani
Rahmani made the remarks in a meeting with Belarus Ambassador in Iran Yuri Ivanovic Lazarcic on Saturday, the ministry’s news portal Shata reported.

Topics: Iran Belarus trade

Referring to earlier economic agreements between the two countries, Rahmani said the two sides should take serious measures to remove the barriers in the way of realization of these agreements and the expansion of trade.

He further noted that the preferential trade agreement between Iran and the member states of the Eurasian Union has provided a good ground for increasing trade relations between the two countries.

“Expansion of economic relations requires identification of common grounds and areas for cooperation and the two sides should take necessary measures in this regard,” Rahmani said.

Belarusian ambassador, for his part, said, "We are taking all the necessary measures to benefit from all the opportunities available for promoting economic cooperation between the two countries."

Lazarcic referred to promoting economic diplomacy between Iran and Belarus as one of his main duties, saying: "We are looking to hold the two countries' joint economic committee meeting, and in this regard, we are ready to hold a virtual meeting via video conference."