IFP Exclusive

Iranian Knowledge-Based Firms Make Inroads into Eurasia Market

The Iranian Vice Presidency for Science and Technology says it has provided dozens of domestic knowledge-based companies with the opportunity to export their products to the Eurasian Economic Union (EAEU) market.

The Vice Presidency for Science and Technology launched a project earlier this year to assess the export capabilities of the local knowledge-based enterprises, boost their capabilities, and remove the obstacles to exports to the five member states of the Eurasian Economic Union.

After detecting more than 140 firms with the necessary abilities to have access to the lucrative Eurasian market, the vice presidency’s office selected 20 top companies and linked them with the trade dealer.

The results of trade interaction between the Iranian knowledge-based companies and the Eurasian market are going to be presented in an upcoming webinar.

The knowledge-based, innovative and technological companies can seize the opportunity to export their products and services to Russia, Belarus, Kyrgyzstan, Armenia and Kazakhstan under the EAEU trade regulations.

Preferential tariffs and a customs-free list of hundreds of items and services have turned the Eurasian market into an attractive option for the foreign companies.

In 2019, Iran joined the EAEU for a temporary 3-year period. Turkey and India are also vying for access to the Eurasian market.

IFP Editorial Staff

The IFP Editorial Staff is composed of dozens of skilled journalists, news-writers, and analysts whose works are edited and published by experienced editors specialized in Iran News. The editor of each IFP Service is responsible for the report published by the Iran Front Page (IFP) news website, and can be contacted through the ways mentioned in the "IFP Editorial Staff" section.

Share
Published by
IFP Editorial Staff

Recent Posts

US says Russia open to Ukraine peace deal

Russian President Vladimir Putin is open to a “permanent peace” agreement with Ukraine, United States…

9 hours ago

Iran warns Israel seeks eradication of Palestine, urges UN Security Council intervention

Iranian Foreign Ministry Spokesman, Esmail Baqaei, has warned about Israel's plans to annihilate the Palestinian…

10 hours ago

Iran Leader says national issues must not be tied to Oman talks, highlights distrust of US

The Leader of Iran's Islamic Revolution of Iran, Ayatollah Seyyed Ali Khamenei, referring to the…

10 hours ago

IRGC: Iran’s defense capabilities ‘non-negotiable’

A spokesman for the Islamic Revolution Guard Corps (IRGC) has emphasized that Iran's national security…

13 hours ago

US says approved sale of Eitan PowerPack engines to Israel

The US State Department approved the potential sale of Eitan Powerpack engines and related equipment…

13 hours ago

European energy giants consider restoring gas supplies from Russia’s Gazprom: Reuters

A number of energy companies in France and Germany are considering resuming gas supplies from…

13 hours ago