Deputy Secretary of High Council of Trade and Industrial Free and Special Economic Zones has announced Iran considers setting up joint Free Economic Zones (FEZs) with neighboring countries.
International agreements are time-consuming, Ahmad Jamali said, adding that so far, the secretariat has reached a common text with Russia, Kazakhstan, Uzbekistan, Syria, Iraq, and Turkiye and they are waiting for the usual coordination for the final signature.
He noted that negotiations with Russia on establishing a joint free zone are on the agenda, which includes several in-person talks and video conferences between the authorities of the two countries and it is expected to witness cooperation between the two special economic zones of Moscow and Lotus with the Chabahar and Anzali Free Zones of Iran.
Of course, as the work progressed, another proposal was proposed that instead of mutual cooperation between Iran and Russia, the cooperation be transformed into trilateral cooperation by participating in India’s Mundra Special Economic Zone, he underlined.
