Iran approves law on free trade with EAEU

The Iranian government has approved the adoption of the law on the formation of an open trade zone with the member states of the Eurasian Economic Union (EAEU).

Iranian government spokesman Ali Bahadori Jahromi said this at a press conference following a cabinet meeting on June 19, Trend reports citing Iranian media.

"The Cabinet approved the draft law on signing a free trade agreement between the Eurasian Economic Union (EAEU) countries and Iran," he said.

The representative described ensuring free economic and trade interaction as one of the important goals of the agreement.