Imports Exceed Exports at Iranian FTZs

EghtesadOnline: About $1.4 billion worth of commodities were imported into Iranian free trade zones in the last Iranian year (ended March 20, 2017). Exports from these zones stood at $813 million during the period, the Persian newspaper Etemad reported, citing data from the High Council of Free Zones.

News ID: ۷۷۶۴۵۱

23 May 2017

Iran started to experiment with free zones in the early 1990s. As per Article 19 of the First Five-Year Economic Development Plan (1991-96), Iran’s first three FTZs were established.  Since then, the total number of such zones has grown to seven, namely Kish, Qeshm, Chabahar, Aras, Anzali, Arvand and Maku, according to Financial Tribune.