Iran, Armenia plan to establish joint free trade zone on border
REGION 25 May 2023 - 16:37
Iran and Armenia have agreed to establish a joint free trade zone on their border.
Hojjatollah Abdolmaleki, the secretary of Iran's Supreme Council for Free Zones, and the Armenian ambassador in Tehran, Arsen Avagyan discussed the opening of the Aras-Meghri Free Trade Zone, Iran’s Mehr news agency reported on 25 May.
According to Zohreh Bahrehbar, the financial coordinating director of Iran's Supreme Council of Free Zones, “the purpose of the formation of joint free zones is to provide services, management and common ownership, which leads to the development of economic diplomacy, promotion of regional cooperation, encouragement and mutual support of investors and development of commercial infrastructure”.
“The increase in foreign exchange income, foreign investment and government revenues, along with the growth of exports and improvement of human resources, are among other benefits of common free zones,” he added.
In May 2022, Iran’s Aras Free Trade Zone and Armenia’s Meghri Free Economic Zone signed a memorandum of understanding to expand cooperation, on the sidelines of the 17th Iran-Armenia joint economic cooperation commission.
In this document, the two sides stressed the need to prepare the ground for more cooperation between the economic activists of the two countries and the use of special facilities of the Iran-Armenia Free Zone to develop industrial, production, trade and trade relations.
Caliber.Az
1
|
Phantom arms deal: How false claims aim to derail Baku-Tehran diplomacy Azerbaijan embraces "forewarned is forearmed" principle
25 July 2024 - 15:34
|
2
|
Could France’s anti-NATO rhetoric trigger domestic turmoil? Leftist Mélenchon's stance sparks historical echoes
24 July 2024 - 10:24
|
3
|
Azerbaijan: The new powerhouse of aluminium production amid global market strain "Green" era's requirement
25 July 2024 - 17:05
|
4
|
Brussels' bait and Yerevan's rush to swallow it The visa-free temptation
24 July 2024 - 09:00
|
5
|
West-backed Armenia likely to spark conflict with Azerbaijan rather than seek peace Caliber.Az reveals expert prognoses
25 July 2024 - 11:10
|
Japan addressing increasing incidents of customer harassment
Service culture under strain27 July 2024 - 03:05
Swiss spots struggle with social media-driven visitor impact
Tourism vs. nature27 July 2024 - 01:03
German chancellor tackles EU expansion, internal reform challenges
Path forward26 July 2024 - 23:03
Italian newspaper explores Azerbaijan's ancient Albanian churches
26 July 2024 - 21:08
Azerbaijani prosecutor general declares ties with Türkiye as strategic partnership
PHOTO26 July 2024 - 20:55
Azerbaijan, Italy strengthening military relations
PHOTO26 July 2024 - 20:42
China demands withdrawal of US nuclear weapons from Europe
26 July 2024 - 20:29
Pentagon concedes to spreading anti-Sinovac propaganda in Philippines
26 July 2024 - 20:16
COP29 presidency team hosts events to tackle key climate agenda issues
26 July 2024 - 20:03
Israel targets Türkiye’s TRT Haber team covering Al-Aqsa mosque incident
26 July 2024 - 19:51
COP20 president: Azerbaijan should lead with ambition at COP29
26 July 2024 - 19:38
Turkish defence minister, Azerbaijani ambassador discuss strengthening military ties
26 July 2024 - 19:25
FBI seeking to interview Trump as part of assassination attempt investigation
26 July 2024 - 19:12
US presidential candidate cites potential path to victory with Biden out of race
26 July 2024 - 18:58
Turkish MP confirms plans for official Azerbaijani school in Istanbul
26 July 2024 - 18:44
US vice president’s call for peace in Gaza sparks controversy with Israel
26 July 2024 - 18:30
FM: Italy to appoint ambassador to Syria after 10 years
26 July 2024 - 18:17
Head of Georgian Parliament blames opposition for compromising national safety
Aid to Ukraine at Georgia’s expense26 July 2024 - 18:03
South Caucasus on edge: West fuels Armenia's war drums
Yerevan clings to deceitful rhetoric26 July 2024 - 18:02
Media: Iran arms Hezbollah with advanced weapons
26 July 2024 - 17:49
Bolsonaro intends to run for Brazilian presidency in 2026, citing confidence in winning
26 July 2024 - 17:36
Armenian PM visits modernised Margara checkpoint on Turkish border
VIDEO26 July 2024 - 17:22
Boeing considers to convert its top fighter into an electronic warfare jet
Caliber.Az on YouTube26 July 2024 - 17:17
Belarus ready to expand cooperation with North Korea
26 July 2024 - 17:09
EU appoints new special representative for South Caucasus
26 July 2024 - 17:01
Azerbaijani-Chinese partnership defies "first among equals" attitudes
Rising above geopolitical cynicism26 July 2024 - 16:55
Armenia's militarization: A "peace agenda" with an armed approach
Yerevan must revisit recent historical lessons26 July 2024 - 16:42
Azerbaijan approves cooperation pacts with Türkiye, Kazakhstan
26 July 2024 - 16:33
Media: US informs Iran of readiness to return to nuclear deal
26 July 2024 - 16:29
Turkish forces take down PKK terrorists in coordinated Iraq and Syria raids
VIDEO26 July 2024 - 16:16
Israeli air strikes hit Hezbollah outposts in response to rocket fire
26 July 2024 - 16:03
Kremlin spox: EU ridicules Orban over Moscow visit
26 July 2024 - 15:51
Armenian parliamentary delegation visits Georgia to strengthen bilateral ties
26 July 2024 - 15:38
Washington talks peace while arming Yerevan
26 July 2024 - 15:38
Travellers from 13 nations explore rebuilding of Karabakh, East Zangazur
PHOTO26 July 2024 - 15:25
European Commission transfers €1.5 billion from frozen Russian assets to aid Ukraine's defence
26 July 2024 - 15:25
Trump says US to destroy Iran in case of his assassination
26 July 2024 - 15:12
Kremlin declares dialogue with West futile amid hostility toward Russia
26 July 2024 - 14:59
Somalia, Azerbaijan share common positions on many international forums
Minister’s statement26 July 2024 - 14:46
Azerbaijan promoting tourism potential in India
PHOTO26 July 2024 - 14:33