Iran has permitted the issuance of land to foreign companies in the free economic zone "Aras"

Almaty. August 15. Silkroadnews - The Government of the Islamic Republic of Iran has decided to grant the land at the territory of the free economic zone (FEZ) "Aras" to foreign companies, which prefer to operate independently, without the participation of Iranian investors, reports the Iranian News Agency (IrTAG) on Friday.
Director of the FEZ "Aras" Mohsen Khadem Arabbagi told reporters that the decision was taken to encourage investment from abroad and attract foreign companies.
Arabbagi suggested that Iranian FEZ has a number of advantages in terms of opportunities for economic activities and trade. According to him, in these areas the necessary infrastructure, fully meet modern requirements.
In this case, with the lifting of the sanctions and the solution of problems related to banking activities, development of FEZ will get a significant acceleration - assured Arabbagi.
FEZ "Aras" is located in the East Azerbaijan province in northwestern Iran. It is bordered by Armenia, Azerbaijan and Nakhichevan Autonomous Republic.