SERVICES

Iran ready for free trade with regional countries

Tehran - Iran is ready to establish preferential tariffs and free trade with some regional countries, particularly Afghanistan, Pakistan and Oman, said the head of Iran’s Trade Promotion Organization (TPO).

Tehran - Iran is ready to establish preferential tariffs and free trade with some regional countries, particularly Afghanistan, Pakistan and Oman, said the head of Iran’s Trade Promotion Organization (TPO). Mojtaba Khosrotaj, who was addressing a meeting of a working group on the development of non-oil exports of the southeastern province of Sistan-Baluchestan, underlined that the province can play a key role in boosting relations with countries such as Afghanistan, Pakistan and Oman, Tasnim News Agency reported. Turning to preferential tariffs and free trade, he said that the TPO has conducted necessary planning to this effect and is ready to establish free trade with countries having common borders with Sistan-Baluchestan.
Iran has stepped up efforts in recent years to increase non-oil exports and cut dependency on oil revenues. In 2014, Iran’s exports of commodities and natural-gas condensate reached $50 billion, showing a 19 percent increase year-on-year.
Read more.

Pressed for time?

Get the best news of the week in your inbox

Subscribe ››