Eurasian Union deal with Iran comes into effect in October
date:Sep 05, 2019
ncial help to the newest member of the union in the form of a US$1-billion loan for the construction of a power plant.

But financial help could just be the beginning. With Irans addition to the EAEU, which also includes Kazakhstan, Kyrgyzstan, Belarus, and Armenia, the sanction-bound country will receive access to a free-trade zone with Irans ambassador to Russia estimating bilateral trade could spike to US$10 billion within two to three years.

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