Establishing joint free zones with neighboring countries is atop the agenda in the current administration of Iranian President Ebrahim Raisi, an official said.
Acting CEO of Arvand Free Zone organization Hossein Garousi said on Monday that the market of Iraq, as Iran’s biggest economic partner, is regarded as a chance for economic development and investment in this free zone in southwestern Iran.
Tehran is seeking to boost its coastal and maritime tourism in the area that shares a natural border with the neighbouring Arab countries of Iraq and Kuwait.
A regional Iranian Chamber of Commerce and Arvand Free Zone sign agreements with Indonesia to boost Jakarta investment in western Iran free trade zone.