Pezeshkian: Iran can now tap into 300m consumers of EAEU
President Masoud Pezeshkian emphasized the economic benefits of Iran’s accession to the Eurasian Economic Union (EAEU), stating that it opens access to a market of approximately 300 million people for Iranian producers of goods and services.
Speaking during a visit to Eslamshahr in Tehran Province on Thursday, the president described the move as a significant opportunity for economic growth and prosperity.
Pezeshkian addressed local business leaders, expressing hope for their success in the ongoing economic challenges and pledged government support to protect domestic production from external pressures, stating, “We believe the enemy is trying to disrupt our production cycle, and we must not allow this to happen.”
The president also apologized for recurring electricity and gas shortages caused by energy imbalances, assuring that efforts are underway to resolve these issues.
He highlighted plans to install 30,000 megawatts of solar power capacity, with many buildings, including those in Eslamshahr, eligible for rooftop solar panels.
A task force involving the Energy Ministry, private sector representatives, and the National Development Fund has helped reduce the cost of solar equipment to $165 per kilowatt, with installation costs dropping to $265 per kilowatt.
The government aims to diversify energy production by expanding wind, thermal solar, and lithium battery-powered plants, the president stated.
Pezeshkian stressed the importance of economic stability for national security, noting that tax revenues are essential for funding security measures.
He underscored the interdependence of the government, parliament, and judiciary on the prosperity of trade and industry, stating, “Without producers, traders, and industrialists, how can we run the country? You are the ones driving the economy forward.”
The president reiterated the government’s commitment to supporting businesses by removing obstacles and facilitating economic activities. “We are here to serve you and ensure you can operate faster, with higher quality and at better prices,” he said.
Pezeshkian also called for energy efficiency, criticizing excessive consumption in households, vehicles, and government operations. He announced the formation of a team to address wasteful practices and urged the private sector to lead in optimizing resource management.
Unveiling 12 tech-based products
During his visit, Pezeshkian toured an exhibition of technology-based products at the Iranian Research Organization for Science and Technology (IROST) in Ahmadabad Mostofi, Eslamshahr.
He unveiled 12 new innovations, including a platelet processing kit, a smart video surveillance system, a national train control system, and advanced pharmaceutical compounds.
Other products featured included carbon fiber wheelchairs, high-frequency secure transceivers, and graphene oxide materials.
Hossein Simayi-Sarraf, the minister of science, research and technology and Alireza Ashouri, head of the IROST accompanied the president during the visit.
Tour of industrial companies
Later, Pezeshkian visited two manufacturing companies in the Parand Industrial Zone. The first, Rack Company, establishment in 2001, produces industrial retail shelving which has expanded into furniture manufacturing and technology-based production. The company employs 240 people and produces 15,000 tons of products annually.
The second, Nikan Tak Iran, supplies bolts and nuts for petrochemical equipment, producing 4,000 tons annually and employing 400 people.
Pezeshkian concluded his trip by thanking economic figures and producers, pledging continued government support to address challenges and foster economic development. “We are here to serve you and ensure that no solvable obstacles hinder your progress,” he said.