Hojatollah Abdolmaleki, the secretary of Iran’s Free Zones High Council, announced the desire of Iraq to establish a joint free zone with Iran and said the first joint free zone of the two countries will be set up by the end of the current Iranian calendar year (March 20, 2024).
The prime minister of Iraq has considered an area in Iraq’s Wasit province near the Mehran border for the creation of a joint Iran-Iraq free zone, the studies of which are underway, the official announced.
Restating that the first joint free trade zone between Iran and Iraq will enter the operational stage by the end of the year, he added: “Iraqi investors are interested in exporting their goods to other places in order to meet their needs.—Tehran Times
