December 25, 2023 The Eurasian Economic Union (EAEU) and the Islamic Republic of Iran signed a Free Trade Agreement. The objectives of the Agreement are to liberalize and facilitate trade in goods between the EAEU and Iran by reducing or eliminating tariff and non-tariff barriers, supporting economic and trade cooperation, diversifying trade, as well as strengthening closer cooperation in various sectors of the economy. June 5, 2024 The Federation Council of Russia
approved the ratification of the free trade agreement between the EAEU and Iran.