Business & Economy | Energy & Oil Art | Film & Music | Events Heritage & History Philanthropy
Sports | Politics For Peace | Society & Culture Literature & Books Health & Medicine
Rights | Women | Diaspora Travel | Environment & Geography Science & Education Middle East & Asia

Home|News|Archive|RSS
twitter|facebook|Privacy Policy



Payvand Iran News ...
08/14/14 Bookmark and Share
Iran: Land transfer to foreign firms in Aras Free Trade Zone approved

Source: Tehran Times

The administration of Iranian President Hassan Rouhani has approved legislation allowing the transfer of land to foreign companies in the Aras Free Trade and Industrial Zone, which is located in the northwestern province of East Azarbaijan.


google map of the area

The decision was made to make it easier for foreign investors to set up businesses in the free trade zone, without the need to launch joint ventures with Iranian companies, IRNA reported on Wednesday.

The Aras Free Trade and Industrial Zone is located on the border with the Republic of Azerbaijan, Armenia, and the Nakhchivan Autonomous Republic, which is an exclave of the Republic of Azerbaijan.

The countries of the former Soviet Union are potential markets for the export of non-oil products from the Aras Free Trade and Industrial Zone.

President Rouhani has told the finance minister and the central bank governor to adopt policies to facilitate non-oil exports.

... Payvand News - 08/14/14 ... --



comments powered by Disqus

© Copyright 2014 NetNative
(All Rights Reserved)

Popular Now

Join Payvand's Facebook Page

join Payvand's daily News mailing list
* indicates required

Home | Contact | About | Archive | Web Sites | Bookstore | Persian Calendar | twitter | facebook | RSS Feed