The number of Russian entrepreneurs working with Iran has tripled in recent years. This was stated in an interview with TV BRICS by businessmen and experts on cooperation with Alexander Sharov of the Islamic Republic.
According to him, the signing of the comprehensive strategic partnership treaty between Russia and Iran has been a stimulus to deepen economic ties, increase trade sales and boost business activities. Sharov said he believes bilateral trade could grow from USD 4 billion to USD 10 billion over the next three to 4 years, including the development of gas, petrochemicals, food and Caspian trans routes.
He emphasized that cooperation between Moscow and Tehran in the Eurasian Economic Union (EAEU) is also becoming increasingly relevant.
“Iran is discussing a scenario of close ties with the EAEU, initially as an observer and perhaps as a full member,” Sharov added.
The agreement on a free trade zone between Iran and the EAEU will come into effect on May 15th. The document provides for the cancellation of the obligation of more than 80% of the goods Iran trades with the EAEU provinces (Russia, Almania, Belarus, Kazakhstan, Kyrgyzstan).
MNA