The 12th Meeting of Iran-Kyrgyzstan Joint Commission underlined the significant role of Anzali Free Trade Zone (FTZ) in broadening of mutual cooperation.
A 104-article memorandum of understanding (MoU) on economic, trade, scientific, and cultural cooperation between Iran and Kyrgyzstan was signed by the two countries' road ministers during the two-day meeting.
Both sides also agreed to use the potentials of Anzali Free Zone to create a transportation corridor to the Persian Gulf markets and Turkey.
Anzali Free Trade Zone as the only free zone in the southern part of the Caspian Sea and the economic hub of Iran with an area of 9,400 hectares of land and 40 km shoreline is located in Gilan province.
Over 8.866 million tons of basic commodities worth $3.974 billion have been imported to the country during the first four months of the current Iranian calendar year (March 20-July 21), the spokesman of the Islamic Republic of Iran Customs Administration (IRICA) told Mehr news agency.
Iranian banking system has paid 2.247 quadrillion rials (about $53.5 billion) of facilities to domestic economic sectors during the first quarter of the current Iranian calendar year (March 20-June 20), which was 50.5 percent more than the figure of the first quarter of the previous year.
Iran’s Finance and Economic Affairs Ministry, on Monday, unveiled new digital monetary services including electronic promissory notes, as well as some digital facilities and credits, IRNA reported.
By developing strategic Chabahar Port in Iran, Indian will reduce logistics cost by 20 percent in container transport to CIS countries, bypassing China or Europe, Indian Minister of State for Shipping Mansukh Lal Mandaviya stated.
Nooshin Rahgozar, the commercial attaché of the Belgian embassy in Tehran, says that Pars Special Economic Energy Zone (PSEEZ) enjoys some high potential for investment making, Shana reported.
In a recent telephone conversation, Iran’s Finance and Economic Affairs Minister Farhad Dejpasand and Azerbaijan’s Deputy Prime Minister Shahin Mustafayev have explored the ways for the expansion of bilateral economic relation between the two countries amid the coronavirus outbreak, Mehr news agency reported on Monday.