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Iran free trade zones

  • EghtesadOnline: International credit cards have found their way to one of Iran’s free trade zones, offering a credit of up to $100,000 to Iranian businessmen, an official with the Kish Free Trade Zone Organization said.

  • 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: The Statistical Center of Iran, the national statistical authority of the country affiliated to the Management and Planning Organization, will provide statistics on the economic indexes of Iranian free trade zones as per a memorandum of understanding signed between the High Council of Free Zones and SCI on Saturday.

  • EghtesadOnline: Some government officials and parliamentarians are unequivocal about expanding free trade zones.

  • EghtesadOnline: No one is jobless in Kish Free Trade Zone, the unemployment rate in Qeshm FTZ (about 6%) is half the country’s average and the number of jobless is very low in Aras FTZ, the secretary of High Council of Free Zones said.

  • EghtesadOnline: An estimated 90,000 jobs have been created in Iran’s Free Trade Zones during the past four years, says the secretary of High Council of Free Zones, Morteza Bank.

  • 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: 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.

  • EghtesadOnline: Some $3 billion worth of investments have been made in Iranian free trade zones since President Hassan Rouhani took office in August 2013, Secretary of the High Council of Free Zones Akbar Torkan said, adding that 20% of FDI have been realized so far.

  • EghtesadOnline: About $1.4 billion worth of commodities were imported into Iranian free trade zones in the last Iranian year (ended March 20, 2017). Exports from these zones stood at $813 million during the period, the Persian newspaper Etemad reported, citing data from the High Council of Free Zones.