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Iran eyes to create effective economic zones

Business Materials 27 January 2019 11:38 (UTC +04:00)

Baku, Azerbaijan, Jan. 27

By Elnur Baghishov – Trend:

Free trade zones create much potential for Iran, Saeed Zarandi, Iran's Deputy Minister of Industry, Mines and Trade, said.

After the creation of the free trade zones, the export of goods is planned to be increased, income obtained from foreign exchange market is planned to be increased, jobs are planned to be created, investment opportunities are planned to be increased and regional development is planned to be intensified, Zarandi added, Trend reports referring to Shata.

He added that the reasons for the ineffectiveness of the created zones should be first determined before the creation of the new free trade zones in Iran. The benefits and losses of these zones for the national economy should be considered.

It is necessary to create effective special economic and trade zones, he added.

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