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BAKU: Azerbaijan, Armenia may join free econ zone on Turk-Iran borde

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  • BAKU: Azerbaijan, Armenia may join free econ zone on Turk-Iran borde

    APA, Azerbaijan
    Jan 7 2010


    Azerbaijan and Armenia may join free economic zone on the
    Turkish-Iranian border


    [ 07 Jan 2010 16:46 ]

    Baku - APA-ECONOMICS. Iranian Industries and Mines Minister Ali-Akbar
    Mehrabian, heading a delegation, is arriving in Ankara on a two-day
    travel to Turkey.

    As Turkish media reported, he will meet with Turkey's Minister of
    Industry and Trade Nihat Ergun.

    The Iranian minister is w accompanied by heads and senior officials of
    the automobile companies, aluminum and steel companies, in particular
    the top management of Khodro Auto-making Company.

    The initiative to establish a free economic zone on the
    Turkish-Iranian border was suggested by Turkish Prime Minister Rajab
    Tayyib Erdogan during his visit to Iran in October 2009.

    The Turkish media write about the possibility of Azerbaijan and
    Armenia joining the project in the future.

    Under the agreement, the infrastructure of the economic zone will be
    provided by the Turkish side, and electricity will be provided by
    Iran. The project envisages constructing new airports, roads and
    railways. It is planned to allot an area somewhere between Van and
    Igdir to build the zone.
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