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"Iran–EAEU Free Trade Agreement Begins: A Golden Opportunity for Tariff-Free Export"

TEREXIM

📢 Removal of Tariffs with the Eurasian Economic Union: A Turning Point for Iran's Foreign Trade

✨ A New Opportunity for Tariff-Free Export and Import

With the implementation of the Free Trade Agreement (FTA) between Iran and the Eurasian Economic Union (EAEU) in 2025, a new era has begun for Iranian foreign trade. This agreement includes the elimination or significant reduction of customs tariffs on over 90% of traded goods, creating a unique opportunity for Iranian companies looking to expand exports and reduce import costs.

🌍 What is the EAEU?

The EAEU consists of five member states:

  • Russia

  • Kazakhstan

  • Belarus

  • Armenia

  • Kyrgyzstan

These countries form a growing market of over 180 million consumers, with strong industrial infrastructure and increasing demand in sectors like food, pharmaceuticals, industrial goods, and petrochemicals.

🚀 Key Benefits of the Iran-EAEU Free Trade Agreement:

  • Tariff-free or low-tariff trade for hundreds of product categories

  • Faster access to target markets thanks to streamlined procedures and simplified documentation

  • Increased competitiveness of Iranian products compared to Chinese or European goods

  • Lower import costs for raw materials, machinery, and key components

📦 Top Export Opportunities for Iranian Businesses:

Iranian producers and exporters can benefit greatly in areas such as:

  • 🥛 Food and Dairy Products: Skimmed milk powder, tomato paste, saffron, pistachios

  • 🏗️ Industrial and Construction Materials: Tiles, ceramics, auto parts, stone

  • 🧴 Cosmetics and Hygiene Products: Detergents, skin creams, shampoos

  • 🧪 Medical Equipment and Pharmaceuticals: Consumables, herbal supplements, generic drugs

  • 🛢️ Petrochemicals and Oil Derivatives: Bitumen, industrial lubricants, polymers

🛬 What Can Iran Import More Cheaply?

With reduced or zero tariffs, imports from EAEU countries are more affordable, including:

  • Grains like wheat and barley

  • Heavy machinery and industrial equipment

  • Wood, paper, and specialty metals

  • Chemicals and packaging materials

⚠️ Challenges to Consider:

  • Banking and money transfers, especially under current sanctions

  • Language barriers (Russian or Armenian is commonly required)

  • Health and quality standards in target markets

  • Professional packaging and labeling that meet local regulations

🎯 Conclusion:

The FTA with the EAEU is a golden opportunity for Iranian exporters and importers to grow their business and enter a lucrative 180-million-consumer market. If you’re in trade, now is the time to explore Eurasia’s demand and expand your reach.

✅ Need help with export planning, customs clearance, or finding potential buyers? Contact our team of trade experts.