6 November 2023
ID : 45122
Link : https://en.otaghiranonline.ir/news/45122

Iran’s seven-month trade with EAEU tops $4 billion

The value of trade between Iran and the Eurasian Economic Union (EAEU) in the first seven months of the current Iranian year (March 21-October 22) reached $4.258 billion, official statistics say.

The value of trade between Iran and the Eurasian Economic Union (EAEU) in the first seven months of the current Iranian year (March 21-October 22) reached $4.258 billion, official statistics say.

Iran exported as much as $922 million worth of products to the five-member bloc in the mentioned period.

Iran has also imported some $3.33 billion of non-oil goods from the EAEU member countries in the time span.

Iranian officials have plans to increase trade exchanges with the EAEU to $10 billion within less than two years.

There is a preferential trade agreement (PTA) in place between Iran and the EAEU while the two sides eye to ink a free trade agreement (FTA) by the end of 2023.