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Iran’s free zones can become trade hubs for Eurasian states
Secretary of Iran’s High Council for Free and Special Economic Zones, Morteza Bank, said Aras and Caspian free trade zones will soon become the country’s communications hub with the Eurasian Union.
Annual exports from Aras FTZ tops $250m
The Managing Director of Aras Free Trade Zone Organization Mohsen Nariman said on Saturday that a sum of $251 million worth of goods were exported from Aras Free Trade Zone of East Azarbaijan Province during last Iranian year (ended March 20).
€700m MoU signed for Aras railway
A member of Aras Free Zone Organization board of directors declared signing of a €700-million memorandum of understanding (MoU) to construct the railway of Jolfa-Nurduz-Qolibeyglou in East Azararbaijan Province.
Deputy: AFTZ attracted about $620m by March 2019
The Aras Free Trade Zone (AFTZ) attracted $540.71 million and $78.74 million (a total of 619.45 million) in domestic and foreign investments, respectively, in the year to March 2019, said a deputy head of the AFTZ organization.
CEO: Investments in AFZ grew 29% in 10 months
Despite unilateral US unilateral sanctions on Iran, Aras Free Trade Zone (AFZ) in northwest Iran attracted investments totaling $285.71 million in various sectors during March 21, 2018-January 20, 2019, indicating a growth of 29 percent compared to the figure for the same period of the previous year.
Torkan sees Armenia as Iran's bridge to Eurasia, EU markets
Armenia, as a part of North-South Transport Corridor, is a bridge for Iranian businessmen to access Eurasian and European markets, said a senior Iranian official.
Torkan tours investment projects in AFZ
Secretary of the Supreme Council of Iran's Free Trade, Industrial and Special Economic Zones visited investment projects in Aras Free Trade and Industrial Zone (AFZ).
Call for int'l steps to resolve Aras River pollution
International indifference is responsible for the pollution of Aras River by one of Iran's neighbors, said the managing director of Iran's Aras Free Zone.
Iran completing dam construction on Aras River
Iran has expedited the commissioning of Khodafarin hydroelectric power plant and has almost completed the construction of Khodafarin Dam over the Aras River on the border with Azerbaijan in the last two months, Mahmoud Vaezi, Iran's minister of communications and information technology told Trend News Agency.
Aras free zone attracts foreign investments
Aras Free Trade and Industrial Zone has attracted $300 million in foreign investments.
South Africa eager to make AFTZ investment
Aras Free Trade Zone (AFTZ) has significant capacity for developing cooperation between Iran and South Africa, South Africa’s ambassador to Iran said.

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