Kurdistan Regional Government President Nigervan Barzani announced on Wednesday the establishment of a free trade zone with Iran, calling on the government to register five border ports between Kurdistan and Iran officially.
Barzani said during a speech at the Conference on the development of trade relations with Iran, followed by / Mawazin News /, “The territorial government has begun to establish a trade zone with Iran,” calling on the federal government to “approve the registration of five border ports between Kurdistan and Iran formally.”
He added that “there are 359 companies and 135 Iranian factories operating in Kurdistan,” adding that “the regional government has made serious efforts in the development of economic and trade relations with Iran, including the opening of a free trade zone at the border crossing between the two sides.
“The opening of that free zone still requires further steps from Iraq and the region.”
Barzani pointed out that “the recent dialogues between Erbil and Baghdad have resulted in the reopening of several closed crossings in the region, and solved many of the problems between the two sides and this will be a catalyst for the expansion of trade and economy of the Kurdistan region and Iraq with Iran.”