tag Iran FTZs

Iranian FTZs Facilitate Entry of Foreign Banks

EghtesadOnline: Iran has endeavored for years to devise the right set of conditions to facilitate the entry of foreign financial institutions in its free trade zones and those efforts only intensified following the implementation of the nuclear accord that spotlighted the importance of having correspondent banking relations.
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Publish Date:13/March/2018 | 06:51

Draft Rules for Entry of Int'l Credit Institutions in Iran FTZs

EghtesadOnline: The High Council of Free Trade Zones has announced that a draft version of regulations for the operation of international financial institutions (IFIs) in the zones has been devised and is pending the Cabinet's approval.
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Publish Date:14/January/2018 | 09:39

34% Rise in Foreign Tourists to Iran FTZs

EghtesadOnline: More than 28,000 foreign tourists spent at least a night in Iranian free trade zones in the first seven months of the Iranian year (ended Oct. 22), marking a 34% growth compared with the same period of last year.
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Publish Date:11/November/2017 | 11:57

Iran, Armenia sign MoU on free trade zones

EghtesadOnline: Iran and Armenia signed a memorandum of understanding (MoU)regarding Aras Free Trade Zone(FTZ), NW Iran, and Meghri FTZ, SE Armenia, said Head of Aras Free Zone Organization.
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Publish Date:19/August/2017 | 24:52

Iran, Armenia to mull expansion of cooperation at FTZs

EghtesadOnline: President's Advisor and Secretary of Free Zones Coordination Council Akbar Torkan arrived in Yerevan on Tuesday to examine expansion of cooperation with Armenian officials in free trade zones.
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Publish Date:19/August/2017 | 24:45

FTZs Earn $840m

EghtesadOnline: Exports from Iran’s seven free trade zones increased by 31% from $640 million two years ago to reach $840 million in the last Iranian year that ended on March 20, 2017, the deputy for production, exports and technology with the Secretariat of the High Council for Free Trade Zones and Special Economic Zones of Iran, Mehdi Bazargan, said.
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Publish Date:11/July/2017 | 07:37

Iran FTZs Attracted $3b Since 2013

EghtesadOnline: Some $3 billion worth of investments have been made in Iranian free trade zones since President Hassan Rouhani took office in August 2013, Secretary of the High Council of Free Zones Akbar Torkan said, adding that 20% of FDI have been realized so far.
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Publish Date:16/June/2017 | 08:47

Exports, Reexports From Iranian FTZs Increase

EghtesadOnline: Over $281 million worth of goods and services were exported from Iran’s seven free trade and industrial zones during the 10 months to January 19, indicating a 29% rise year-on-year.
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Publish Date:04/March/2017 | 16:01

Iran's CB Eases Foreign Banks’ Presence in FTZs

EghtesadOnline: The Central Bank of Iran has agreed to significantly ease capital conditions based on which foreign banks will be able to establish a branch in the country's free trade zones, the secretary-general of the High Council of FTZs said.
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Publish Date:03/June/2018 | 03:57