EEU mulls temporary free trade area agreement with IranMay 16, 2016 - 17:56 AMT PanARMENIAN.Net - The Board of Directors of the Eurasian Economic Commission (EEC) on Monday, May 16 agreed to begin consultations on a temporary agreement on a free trade area (FTA) with Iran, a senior EEC official told reporters, according to Interfax. According to Minister of Trade Veronika Nikishina, a formal mandate to negotiate, approved by the Presidents of member countries of the Eurasian Economic Union (EEU), hasn't been received yet. Informal consultations will be held for now, the results of which will be reported to heads of state in October this year. She said the EEU wouldn't like to limit the work to exclusively analysys, so informal consultations were decided to be held. The Iranian side's stance will be analyzed too. Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads. Partner news | Court in Azerbaijan extends former Karabakh leader’s arrest by 5 months The Binagadi District Court in Azerbaijan has granted the prosecutor’s petition to extend the arrest of Arkady Ghukasyan. Ucom General Director joins High-Tech Development Panel Discussion The discussion was titled "The Role of International Corporations and Investors as Catalysts for Development of High-Tech Ecosystem." U.S. still believes “peace is possible” between Armenia, Azerbaijan The United States continues to believe that peace is possible between Armenia and Azerbaijan, Vedant Patel says. Dozens detained as antigovernment protest continue in Armenia At least 63 people demanding Prime Minister Nikol Pashinyan’s resignation were detained on May 14 as they blocked streets in Yerevan. |