Russia and allies to sign trade pact with Iran Political and military events
TEHRAN — The Kremlin said Friday that Russia and its ex-Soviet allies will sign a free-trade pact with Iran, the latest fallout from the US withdrawal from the Iran nuclear deal.
President Vladimir Putin’s foreign affairs adviser, Yuri Ushakov, said, the deal among Iran, Russia, and other members of the Moscow-dominated Eurasian Economic Union is to be signed next week. The group includes Kazakhstan, Belarus, Armenia, and Kyrgyzstan.
While Ushakov noted that the trade agreement had been under discussion for long time, the move coincided with the US exit from the 2015 nuclear deal with Iran that has set the stage for reimposing economic sanctions against Iran and rattled many US allies.