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Iran’s Vast Potential to Boost Revenues From Goods Transit

Iran’s Vast Potential to Boost Revenues From Goods Transit
Iran’s Vast Potential to Boost Revenues From Goods Transit

Iran earns $200 from each ton of transit goods, according to the newly-appointed secretary of the High Council of Free Trade and Special Economic Zones.
“Every year, more than 1 billion tons of commodities are transited through the Suez Canal. By attracting 5% of this volume through our borders, the revenues can be considerable,” Hamidreza Momeni was quoted as saying by Mehr News Agency during the first specialized meeting for logistics in free trade zones on Monday.
The official noted that the High Council of Free Trade and Special Economic Zones plans to develop a logistical market worth $10 billion in Iran’s FTZs.

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