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Ardebil FTZ
Economy, Domestic Economy

Ardebil FTZ

President Hassan Rouhani will sign a bill in the coming days which will allow the establishment of a new free trade zone in the northwestern Ardebil Province, the governor-general of Ardebil Province, Majid Khodabakhsh said on Sunday. “In return, the province has pledged to increase its annual exports to $1 billion,” he was quoted by Mehr news agency as saying. Given the geographical location of Ardebil, the province has enormous potential to export agricultural products to neighboring countries particularly to Russia, he added. the bill for the establishment Ardebil Free Trade Zone was endorsed by the Supreme Council of Iran’s Free Trade and Industrial and Economic Zones back in January.

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