The Iranian government recently announced the establishment of a free trade zone between the Eurasian Economic Union (EAEU) and the Islamic Republic. Ali Bahadori Jahromi, the official representative of the Iranian leaders, made this announcement during a press conference held in Tehran. Jahromi stated that the agreement between the EAEU countries and Iran on the establishment of the free trade zone has been officially signed, following a conference held after a government meeting.