Iran's parliament ratified a free trade agreement with the Eurasian Economic Union, paving the way for stronger economic ties with the regional bloc
The agreement allows Iran to export tariff-free to EAEU member states , including Russia, Belarus, Kazakhstan, Kyrgyzstan, and Armenia, on about 87% of its trade.
EAEU members have completed their parliamentary approvals, clearing the way for the new trade regulations.
Covering around 500 goods, the deal offers Iran expanded market opportunities, expected to boost economic growth and trade with EAEU nations.
A senior official from Iran’s Trade Promotion Organization (TPO) said that the country would start implementing the free trade deal with the EAEU within the next two months.
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Iranian Foreign Minister Abbas Araghchi wrapped up visits to Belarus and Russia during which he held high-level talks on closer bilateral relations and major regional developments.
Iran has summoned the ambassador of Republic of Cyprus Petros Nacouzis over remarks made by his country regarding Iran’s territorial integrity.
The Taliban leadership in Afghanistan skipped a major regional meeting in Tehran on Sunday, with analysts saying the absence is “not a deliberate political signal” but reflects timing and existing diplomatic ties.
Iranian Foreign Minister Abbas Araghchi arrived in Moscow for talks with Russian officials following a one-day visit to Minsk on Monday 15 December ,where he met with Belarusian counterpart Maxim Ryzhenov.
The latest clashes between Thailand and Cambodia mark a dangerous escalation in one of Southeast Asia’s oldest and most sensitive disputes.
In the complex world of international diplomacy, the ongoing tensions between India and Pakistan have raised significant questions about the role of third-party mediation.
In a ground-breaking development, artificial intelligence (AI) is taking on new forms in Japan, where it has extended to a more personal and intimate domain being romantic relationships.
European Union leaders have agreed to raise up to €90 billion through joint borrowing to support Ukraine’s defence in 2026 and 2027, opting not to use frozen Russian state assets amid legal and political concerns.
Petroleum products are being transported by rail from Azerbaijan to Armenia for the first time in decades. The move is hailed as a tangible breakthrough in efforts to normalise relations between the long-time rivals.
Warner Bros Discovery’s board rejected Paramount Skydance’s $108.4 billion hostile bid on Wednesday (17 December), citing insufficient financing guarantees.
Ford Motor Company said on Monday it will take a $19.5 billion writedown and scrap several electric vehicle (EV) models, marking a major retreat from its battery-powered ambitions amid declining EV demand and changes under the Trump administration.
Iran has rolled out changes to how fuel is priced at the pump. The move is aimed at managing demand without triggering public anger.
U.S. stock markets closed lower at the end of the week, as investors continued to rotate out of technology shares, putting pressure on major indices.
The U.S. Federal Reserve’s Federal Open Market Committee (FOMC) cut its benchmark interest rate by 25 basis points to a range of 3.50% to 3.75% following its two-day policy meeting, according to an official statement issued on Wednesday, 10 December.
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