Artsvik Minasyan: Armenia benefits from signing agreement on free trade zone between the EAEU and Iran

ArmInfo. "The EAEU agreement - Iran provides Armenia with a number of opportunities," RA Minister of Economic Development and Investments Artsvik Minasyan told reporters on May 17. In particular, according to the minister, Armenia benefits from the signing of an agreement on a free trade zone between the EAEU and Iran, first of all, from the point of view of using the country's territory as a transit zone.

In addition, it is possible to create infrastructure within the framework of the launch of the FEZ in Meghri, and then to expand the possibilities for organizing production and providing services.

Today, May 17, on the platform of the Astana Economic Forum, the Interim Agreement on the Formation of a Free Trade Area was signed between the member states of the Eurasian Economic Union and Iran. The parties agreed to reduce import customs duties in mutual trade for a period of 3 years, as well as Iran granted tariff concessions for 246 goods, and the EAEU for 175 goods.