Establishing a free trade zone between Iraq and Iran
There's a report from Basra in Al-Sabah Al-Jadeed that discusses the opening of a cross-border free trade zone under a convention agreed between the city authorities and the Iranian government. As part of the agreement the Iranians will cover the costs of rehabilitating: Side Notes:
The zone, (which on the Iraqi side is centered on Shalamjah,) is part of the development cooperation plan agreed between governorate authorities and the Iranians aims at boosting regional cross-border trade to more than three billion dollars annually.The agreement covers the export from Iran of:
The (limited) export from Iraq of:
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