Russia says regional free trade pact with Iran possible by year-end

Representatives of the Eurasian Economic Commission attending a meeting of the Interstate Council on Antitrust Policy (ICAP) in St. Petersburg, Russia, on June 15, 2023. (Courtesy of eec.eaeunion.org)
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Updated 19 June 2023
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Russia says regional free trade pact with Iran possible by year-end

  • Talks between the Eurasian Economic Union — which comprises Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia — and Iran are in their final stages, says Russian deputy PM

A free trade zone agreement between Iran, Russia and several countries that cover the vast Eurasian region spreading from the borders of Eastern Europe to Western China is possible by the end of the year, Russia’s TASS news agency reported on Monday.

Russian Deputy Prime Minister Alexei Overchuk told the state TASS agency in an interview that talks between the Eurasian Economic Union — which comprises Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia — and Iran are in their final stages.

“We are moving forward,” Overchuk said. “We very much hope that such an agreement can be signed by the end of the year.”

Both the region and Iran have taken on additional significance for the Kremlin after Western sanctions over Moscow’s invasion in Ukraine limited Russia’s foreign trade routes and forced it to look for markets outside Europe.

However, despite tighter ties between Moscow and Tehran since Russia invaded Ukraine in February 2022 and began big purchases of Iranian-made drones to attack the country, trade between the two markets have grown only moderately.

Russian-Iranian commodity turnover rose 20 percent in 2022, according to government data, two-thirds the overall growth rate Moscow saw with China, another key partner with whom Russia has expanded political and economic alliance in the past two years.

The regional agreement with Iran would replace and expand an interim pact that already provides a reduction in customs duties on hundreds of categories of goods.

In November 2022, Russia started swapping oil products with Iran and in March, Tehran said it counts on “huge volumes” of both oil and gas swaps with Moscow.


Top Australian writers’ festival canceled after Palestinian author barred

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Top Australian writers’ festival canceled after Palestinian author barred

SYDNEY: One of Australia’s top writers’ festivals was canceled on Tuesday, after 180 authors boycotted the event and its director resigned saying she could not ​be party to silencing a Palestinian author and warned moves to ban protests and slogans after the Bondi Beach mass shooting threatened free speech.
Louise Adler, the Jewish daughter of Holocaust survivors, said on Tuesday she was quitting her role at the Adelaide Writers’ Week in February, following a decision by the festival’s board to disinvite a Palestinian-Australian author.
The novelist and academic Randa Abdel-Fattah said the move to bar her was “a blatant and shameless act of anti-Palestinian racism ‌and censorship.”
Prime ‌Minister Anthony Albanese on Tuesday announced a national day ‌of ⁠mourning ​would ‌be held on January 22 to remember the 15 people killed in last month’s shooting at a Jewish Hanukkah celebration on Bondi Beach.
Police say the alleged gunmen were inspired by the Islamic State militant group, and the incident sparked nationwide calls to tackle antisemitism, and prompted state and federal government moves to tighten hate speech laws.
The Adelaide Festival board said on Tuesday its decision last week to disinvite ⁠Abdel-Fattah, on the grounds it would not be culturally sensitive for her to appear at the literary ‌event “so soon after Bondi,” was made “out of respect ‍for a community experiencing the pain ‍from a devastating event.”
“Instead, this decision has created more division and ‍for that we express our sincere apologies,” the board said in a statement.
The event would not go ahead and remaining board members will step down, it added.
Former New Zealand Prime Minister Jacinda Ardern, British author Zadie Smith, Australian author Kathy Lette, Pulitzer Prize-winning American Percival ​Everett and former Greek finance minister Yanis Varoufakis are among the authors who said they would no longer appear at the festival ⁠in South Australia state, Australian media reported.
The festival board on Tuesday apologized to Abdel-Fattah for “how the decision was represented.”
“This is not about identity or dissent but rather a continuing rapid shift in the national discourse around the breadth of freedom of expression in our nation following Australia’s worst terror attack in history,” it added.
Abdel-Fattah wrote on social media that she did not accept the apology, saying she had nothing to do with the Bondi attack, “nor did any Palestinian.”
Adler earlier wrote in The Guardian that the board’s decision to disinvite Abdel-Fattah “weakens freedom of speech and is the harbinger of a less free nation, where lobbying and political ‌pressure determine who gets to speak and who doesn’t.”
The South Australian state government has appointed a new festival board.