Russian President Vladimir Putin says his country support the initiative to extend an interim free trade agreement between the Eurasian Economic Union (EAEU) and Iran despite the “confrontation” by the “collective West.”

Iran's Minister of Industry, Mines and Trade Reza Fatemi-Amin will travel to Armenia this week at the head of a large delegation.

The US withdrawal from the JCPOA and its sanctions against Iran, in addition to Russia’s geopolitical difficulties with the West, have led these two countries to expand their cooperation within the framework of the Eurasian Economic Union.

Iran starts talks on a free trade deal with an economic bloc of Eurasian countries.

Russian President Vladimir Putin announces plans to boost ties between the Eurasian Economic Union (EAEU) and countries such as Iran, saying negotiations have begun with Tehran on a free trade agreement.

President Rouhani says lasting peace in the Persian Gulf, the Sea of Oman and the Strait of Hormuz can only be achieved through regional cooperation.

Political commentator Eric Walberg says Iran joining the Eurasian Economic Union is a huge step in the process of de-dollarization.

Iran’s Guardian Council approves a government trade deal with the Eurasian Economic Union.

Eurasian Economic Union plans to hold negotiation with Iran over a free trade zone.