Improving business environment, a priority of free zones in Iran

October 14, 2024 - 12:59

TEHRAN - The new secretary of Iran’s Free Zones High Council has said that improving business environment should be the main priority in the country’s free commercial-industrial and special economic zones, IRNA reported.

Speaking in a gathering of Qeshm Free Zone’s economic operators on Sunday, Reza Masrour said development of logistics, international transportation, expansion of international trade and improvement of the business environment are among the main priorities of free and special economic zones in the country.

The establishment of free trade zones (FTZs) in Iran dates back to the 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 to promote non-oil exports.

The first two free trade zones of Iran were established in the south of the country. The first one was Kish Free Trade Zone established in 1368 on Kish Island in the Persian Gulf and the second one was Qeshm Free Trade Zone established the year after on Qeshm Island in the Strait of Hormuz. 

Some five other free trade zones have been also established in the country since then, including Chabahar in southeastern Sistan-Baluchestan Province, Arvand in southwestern Khuzestan Province, Anzali in northern Gilan Province, Aras in East-Azarbaijan Province and Maku in West-Azarbaijan Province, both in the northwest of the country. 

The development of existing free trade zones and the establishment of new FTZs has become one of the major economic approaches of the Iranian government.

EF/MA

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