New air cooperation marks key milestone in economic partnership with Eurasian bloc
Less than a month after enacting a free trade deal with the Russia-led Eurasian Economic Union (EAEU), Iran has initiated its first direct cargo flight to Russia.
According to Press TV, a partner of TV BRICS, the cargo route between Rasht, a city in northern Iran, and Moscow began operations a day earlier following a ceremony at Rasht Airport. The launch marks a significant step in implementing the free trade agreement between Iran and the EAEU and reflects expanding aviation ties between Iran and Russia.
The free trade deal was ratified by Iran’s parliament on 3 March, authorising the implementation of the agreement signed in 2023. Under the deal, Iran can export nearly 87 per cent of its goods to EAEU member states: Russia, Belarus, Kazakhstan, Kyrgyzstan, and Armenia without tariffs.
Photo: iStock
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![Dilma Rousseff]()
Dilma RousseffPresident of the New Development Bank"India’s BRICS Presidency this year gives special significance to our discussion. NDB stands ready to be a trusted partner in turning commitments on sustainability, clean energy, smart and resilient infrastructure into concrete results on the ground. […] For NDB, mobilising private capital is a strategic imperative. Created by the BRICS founding members, NDB is a bank of the Global South, for the Global South, mandated to mobilise resources for infrastructure and sustainable development" -
![Sihasak Phuangketkeow]()
Sihasak PhuangketkeowDeputy Prime Minister and Minister of Foreign Affairs of Thailand"BRICS can play a very important role in maintaining the free flow of trade and investment. The group can also be a vehicle for all of us to engage and to look at economic opportunities"
