Iranian President Masoud Pezeshkian attended the 3rd International Eurasia Trade Exhibition on Friday, highlighting the need to enhance economic cooperation with Eurasian countries.

Why it matters:

Iran’s growing trade relations with the Eurasian Economic Union (EAEU) are pivotal for boosting non-oil exports and enhancing regional economic integration. The visit highlights Tehran’s commitment to leveraging free trade agreements to expand its presence in the Eurasian market.

 

What he's saying:

President Pezeshkian, during his visit to the exhibition, emphasized the strategic significance of Iran’s trade relations with Eurasia, stating that the event serves as a vital platform to expand economic partnerships and explore new trade opportunities.

 

Key points:

  • Over 100 Iranian companies and business delegations from Russia, Armenia, Kazakhstan, Kyrgyzstan, and Belarus are participating in the event.
  • The exhibition provides a platform for introducing Iranian products and services to Eurasian markets.
  • The event aims to facilitate networking opportunities, investment partnerships, and knowledge exchange on trade regulations and standards within the Eurasian region.

 

Go deeper:

The Eurasia Trade Expo is an international event that strengthens trade relations between the Eurasian Economic Union and global markets, highlighting various industries and innovative solutions. It promotes economic diplomacy and regional integration, offering opportunities for collaboration and growth.

 

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