09May

Active Presence of Aras Free Zone in 17th Iran-Armenia Joint Economic Committee Meeting

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Ahmad Hassannejad, Director of Caucasus and Eurasia Affairs, said: "Aras Free Zone will participate as a member of the joint working group of the commission, which will hold meetings every two months in the two countries, and in accordance with the Eurasian Economic Agreement it will give reports on the bartering system of goods”.

The establishment of a free trade zone on the border between the two countries has been underlined in this commission, which constitutes joint events for investment and trade in both free zones.

The two sides also agreed to establish a joint road transport committee of the two countries with representatives of insurance agencies in Tehran as soon as possible and to review various sections related to the elimination or reduction of various road factors, facilitation and prosperity of transportation and other issues.

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Aras Free Zone during the three recent economic, social and cultural development programs relying on knowledge-based management and capable consultants as well as motivated and specialized staff has become a pioneer region in the country and in terms of performance has indeed turned into a model for other free zones within the country and among countries of the region.

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