EAEU–Iran Trade and Its Prospects
... economic isolation. Meanwhile, Moscow—still the key driver for cultivating economic relations with Iran—sees Tehran as a potential buyer of its industrial goods. This is especially important given the fact that hydrocarbons remain at the heart of Russia’s exports around the world. Finally, as we mentioned earlier, Iran can play a special role in the development of the Armenian economy. Expanding the FTA agreement to include additional product lines may serve as a basis for bringing the economic relations between the parties to a new level. However, a number of barriers that have nothing to with customs duties and trade tariffs still pose a major ...