Armenian president urges stronger EEU ties with Iran
Armenian President Serzh Sargsyan has called for the expansion of relations between Iran and the Eurasian Economic Union (EEU).
"We consider it necessary to continue to expand the geographic area of cooperation southward, in particular, by establishing closer ties with Iran," he told the Supreme Eurasian Economic Council of heads of state in the Russian capital of Moscow on Friday.
He stressed the importance of paying more attention to the implementation of large regional infrastructure projects to link southeastern Asia and the Persian Gulf with the EEU countries through Iran.
Sargsyan said the EEU is turning into a serious trade bloc that attracts interest from many Latin American countries.
"The steps aimed at developing trade and economic relations with various countries and signing cooperation agreements with them facilitate the expansion of our common market," the Armenian president added.
The Eurasian Economic Union is an economic union of states located primarily in northern Eurasia. A treaty aiming for the establishment of the EEU was signed on 29 May 2014 by the leaders of Belarus, Kazakhstan and Russia, and came into force on January 1, 2015.
The regional trading bloc introduces the free movement of goods, capital, services and people and provides for common transport, agriculture and energy policies, with provisions for a single currency and greater integration in the future.
SF/NN/HMV
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