Iran-Iraq joint industrial town to be built at Parviz Khan customs
TEHRAN, Iran, Dec.2
Deputy chairman of Sulaimaneyah Chamber of Commerce and Industry Ahmad Ali Mohammad announced the establishment of an industrial joint market at Parviz Khan customs on the border between Iran and Iraq, Trends reports citing IRNA.
The announcement was made at Iran-Iraq Trade Summit on Food and Supermarkets, which began on Dec.2. Members of the Iran-Iraq Joint Chamber as well as economists from the two countries participate in the event.
At the meeting, Secretary General of the Iran-Iraq Joint Chamber Seyed Hamid Hosseini and officials of the chamber of commerce of Iraq emphasized the need to develop mechanisms for boosting the trade between the two countries.
“Based on the bilateral agreement of 2012, Iran and Iraq are to establish common markets and industrial town on the borders of the two countries," Ahmad Ali Mohammad said.
"The establishment of joint industrial town was delayed for many years due to ISIL attack, but now there is a good opportunity for Iranian factories and companies to invest in this common market and industrial town," the official added.
"This market and industrial town between Iraqi Kurdistan and Iran will be established on the border at Parviz Khan according to the plans; it will occupy 125 hectares in Kurdistan region and 50 hectares in Iran."
Ali Mohammed emphasized that the construction of this town should be facilitated. “It is necessary for Iranian producers to apply for necessary licenses through the Kurdistan Region Producers' Group to be present in this industrial town,” the official said.
"All imports of commodities and raw materials produced at this industrial town are among the products to be exempted from tariffs,” he added.
Referring to the signing of a joint agreement between Iran and Syria, Ali Mohammad said that the agreement would allow Iranian products to be exported to Syria via Iraq.
“Relations between Iran and Kurdistan Region are not only commercial but also religious, cultural and humanitarian,” he noted.