EAEU–Iran Trade and Its Prospects
... trade relations following the conclusion of the interim FTA agreement. In the case of Russia, both exports and imports increased (by 19% and 100%, respectively). Meanwhile, Iran’s trade with Belarus and Kyrgyzstan remained negligible. In the case of Armenia, slight changes have taken place, with exports increasing by 1% and imports falling by 3%. Exports from Kazakhstan have dropped by 54%, while imports have increased by 32%. Fardin Eftekhari: Is Russia Preparing to Get Closer to Iran in the Biden Era? In other words, the FTA serves as an incentive for Russia to foster trade with Iran. Kazakhstan has also increased its imports from the country. However, there have been no serious positive shifts with regard to the remaining EAEU countries. Real Prospects It would seem ...
