Armenia backs free trade zone between EEU and Iran

Armenia backs free trade zone between EEU and Iran
February 20, 2017 - 22:22 AMT

PanARMENIAN.Net - Armenia actively supports the possible creation of a free trade zone between the Eurasian Economic Union (EEU) and Iran, Sputnik cited Armenian Foreign Minister Eduard Nalbandian as saying on Monday, February 20.

"At present, there are propects of establishing a free trade zone between Iran and the Eurasian Economic Union which we of course support sincerely," Nalbandian said.

Nalbandian cited great perspectives for attracting Iranian businesses into the Armenian market and stressed that Yerevan and Tehran continue improving investment opportunities for bilateral cooperation.

"An important step in this process was the visa waiver program between our countries, which will also strengthen bilateral trade and economic relations," Nalbandian said.

On Tuesday, Russian First Deputy Prime Minister Igor Shuvalov will visit Iran to discuss the free trade zone.

Launched in 2015, the EEU is a Russia-led regional political and economic bloc which aims to streamline the flow of goods and services among its member states: Armenia, Russia, Belarus Kazakhstan and Kyrgyzstan.

Related links:
Sputnik. Armenia Supports Creation of Free Trade Zone Between EAEU, Iran
 Top stories
Armenian, Azerbaijan Foreign Ministers attending NATO partner summitArmenian, Azerbaijan Foreign Ministers attending NATO partner summit
The foreign ministers of Armenia and Azerbaijan, Ararat Mirzoyan and Jeyhun Bayramov, have arrived in Washington.
CSTO budget “to be adjusted due to Yerevan’s non-payment of contributions”CSTO budget “to be adjusted due to Yerevan’s non-payment of contributions”
The CSTO budget for the current year requires adjustments due to the refusal of Yerevan to pay their share of contributions.
Armenian cemetery in Fresno hit by arsons six times since JanuaryArmenian cemetery in Fresno hit by arsons six times since January
Six total incidents have burned 19 old-growth trees. Friday night 8 trees were torched along the beautiful main entrance.
EU says not planning military drills with ArmeniaEU says not planning military drills with Armenia
The EU does not intend to conduct military exercises with Armenia, Lead Spokesperson for EU Foreign Affairs and Security Policy Peter Stano says.
Partner news
 Articles
Azerbaijan's brutal beheadings and torture of Armenians

A non-exhaustive summary of war crimes

 Most popular in the section
Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals
Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty
Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year
Aliyev says no need for mediators in Armenia-Azerbaijan process
Home
All news
Overview: Foreign Policy & Diaspora
Archive for February 20, 2017
Other news in this section
  Related sections
Economy
 Latest news
Viva sees growing demand for cloud services In recent years, medical institutions are starting to make use of Viva’s cloud services
Turkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.
Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats.
Balance of attached cards in the Idram&IDBank app From now on, users will be able to view the online balances of cards issued by ArCa system banks and attached to the app.
---