Iran's Industry Minister Reports Expanded Trade With the Eurasian Economic Union

Iranian Minister of Industry, Mining and Trade Seyyed Mohammad Atabak said at a joint committee meeting on implementing the Iran-Eurasian Economic Union free-trade agreement on Wednesday, October 14, 2026 (22 Mehr 1405) that bilateral trade in the first eight months of 2026 was about 4,486 million dollars. Mehr News Agency carried his remarks via the ministry. The figure is the minister's estimate, not a statistic independently verified here against government data.

He said exports have risen since the agreement took effect and called for specialist workgroups to set out assigned, timed actions to remove customs and implementation obstacles. The meeting included the union's trade minister and representatives of member countries. The relevance for Iranian exporters is market access and easier trade routes; no final outcome from the talks has yet been announced.