Iran to sign preferential tariff deal with Eurasian states

TEHRAN, Nov. 28 (Xinhua) -- Iran announced on Tuesday that the Islamic republic and the Eurasia Economic Union will ink preferential tariffs agreement in the near future, semi-official Fars news agency reported.

"A new opportunity will be created for the development of cooperation (between Iran and Armenia) soon by signing the preferential tariffs agreement between Iran and the Eurasia Economic Union," Iranian Foreign Minister Mohammad Javad Zarif said.

Iran and the Eurasia Economic Union have finalized negotiations on the agreement, Zarif made the remarks addressing a joint forum of the Iranian and Armenian businessmen in Yerevan on Tuesday.

He also underlined the Iranian private sector's willingness to play the role of an active partner in developmental projects in Armenia.

In April, Iranian President Hassan Rouhani voiced Tehran's readiness to boost economic and trade ties with Eurasian countries.

"There are now good capacities for reinforcing free trade between Iran and the five Eurasian states," Rouhani said. Enditem