EAEU–Iran Trade and Its Prospects

... strengthen regionalism and bolster Eurasian cooperation. As far as the EAEU interests are concerned, one should say that Iran represents serious potential for the Union’s expansion. Among the economies of the EAEU member states, observers and partners, the Iranian economy is second only to Russia’s. In terms of economic cooperation, Russia and Kazakhstan stand to benefit most from lowering tariff barriers. In addition, the project is of particular interest to Armenia, which is the only EAEU member that has a land border with Iran—currently under a partial blockade. Armenia could thus be used ...