EAEU–Iran Trade and Its Prospects
... than the EAEU, at least during the initial stages of the deal. What is more, this had to do with non-oil sectors of Iran’s economy, as EAEU imports are primarily based on agricultural products. At the same time, Iran occupies a relatively insignificant ... ... trade balance. We should also note the uneven distribution of trade between the individual EAEU countries and Iran. For example, Russia accounts for approximately 75% of all trade between the EAEU and Iran, which is around 85% of exports and 65% of imports. Kazakhstan accumulates some 10% of the total trade turnover, with its trade volume shrinking by 37% in 2020, as opposed to the ...