New Free Trade Zones: A Conditional Opportunity

The Expediency Council, a powerful body that resolves disputes between the parliament and Guardians Council, approved the establishment of seven free trade zones and 13 special economic zones last week. 
The bill on the creation of new FTZs had been approved by the parliament on three occasions in the Iranian years ending March 2019 and 2020, but was rejected by the Guardians Council every time, IRNA reported.
According to Secretary of the High Council of Free Trade Zones and Special Economic Areas Hamidreza Momeni, the seven new FTZs include Mehran in the western province of Ilam, Sistan in the southeastern Sistan-Baluchestan Province, Baneh-Marivan in the northwestern Kurdestan Province, Bushehr in southern Bushehr Province, Qasr-e Shirin in western Kermanshah Province, Ardabil in northwestern Ardabil Province and Incheh Borun in the northeastern Golestan Province.