free zones

TEHRAN, May 05 (MNA) – Free zones have emerged as powerful economic tools for attracting Foreign Direct Investment (FDI), fostering industrial growth, and enhancing global trade.

The chief executive of the Qeshm Free Zone Organization Chinese investors welcome the investment packages introduced at Iran’s free trade-industrial zones.

The secretary of Iran’s Supreme Council of Free Trade-Industrial and Special Economic Zones said negotiations are underway between Iran and 21 countries in the world to set up joint free zones .

EghtesadOnline: Now that the minimum capital requirement for offshore banks has been raised, opinions are growing that promoting healthy competition among domestic banks in the free zones and attracting foreign banks there should be the next move for promoting offshore banking.

EghtesadOnline: The Iranian governments have tried to reduce some of their obligations in recent decades due to limitations on financial resources and new expenditures and tasks they have assumed.