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Iran FTZs

  • EghtesadOnline: Majlis Economic Commission gave the nod to the establishment of eight new free trade zones and 13 special economic zones.

  • EghtesadOnline: The Central Bank of Iran has agreed to significantly ease capital conditions based on which foreign banks will be able to establish a branch in the country's free trade zones, the secretary-general of the High Council of FTZs said.

  • EghtesadOnline: Iran has endeavored for years to devise the right set of conditions to facilitate the entry of foreign financial institutions in its free trade zones and those efforts only intensified following the implementation of the nuclear accord that spotlighted the importance of having correspondent banking relations.

  • EghtesadOnline: The High Council of Free Trade Zones has announced that a draft version of regulations for the operation of international financial institutions (IFIs) in the zones has been devised and is pending the Cabinet's approval.

  • EghtesadOnline: More than 28,000 foreign tourists spent at least a night in Iranian free trade zones in the first seven months of the Iranian year (ended Oct. 22), marking a 34% growth compared with the same period of last year.

  • EghtesadOnline: Geelran Motor, an importer of China’s Geely vehicles in Iran, has launched the presale of GC9 in Iran’s free trade zones.

  • EghtesadOnline: Iran and Armenia signed a memorandum of understanding (MoU)regarding Aras Free Trade Zone(FTZ), NW Iran, and Meghri FTZ, SE Armenia, said Head of Aras Free Zone Organization.

  • EghtesadOnline: President's Advisor and Secretary of Free Zones Coordination Council Akbar Torkan arrived in Yerevan on Tuesday to examine expansion of cooperation with Armenian officials in free trade zones.

  • EghtesadOnline: Ambassador of Indian to Iran Saurabh Kumar said on Sunday that India is seeking to establishing direct ties between Anzali and Chabahar free trade zones to benefit from their capacities.

  • EghtesadOnline: Exports from Iran’s seven free trade zones increased by 31% from $640 million two years ago to reach $840 million in the last Iranian year that ended on March 20, 2017, the deputy for production, exports and technology with the Secretariat of the High Council for Free Trade Zones and Special Economic Zones of Iran, Mehdi Bazargan, said.