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Affiliated persons
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Associated persons — associated persons are persons meeting at least one of the following conditions: (a) they are employees or directors (managers) of each other's organizations; (b) they are legally recognized business partners; (c) they are employer and employee; (d) any person directly or indirectly owns, controls, or holds 5 or more percent of the issued and outstanding voting shares of both of them; (e) one of them directly or indirectly controls the other; (f) both are directly or indirectly controlled by a third party; (g) together they directly or indirectly control a third party; (h) they are relatives or members of the same family1.
Agreement on Free Trade between the Eurasian Economic Union and its member states, on the one hand, and the Islamic Republic of Iran, on the other hand, as amended on 2025-05-26, art. 14. ↩
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