Wednesday, 14 April , 2021
Free trade zones Archives - Iran News Daily
Free trade zones still far from objectives 05 Dec 2017

Free trade zones still far from objectives

Free trade zones, as defined by the World Bank, are small duty-free areas offering warehousing, storage, and distribution facilities for trade, transshipment, and re-export operations.  Establishment of free trade zones in Iran dates back to Iranian calendar year 1368 (March 1989- March 1990) following the fall in the country’s oil income in the preceding year which prompted the government […]