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Categorized | Industry & Trade
Basra Approves Free Trade-zone with Iran
Posted on 14 April 2010.
Basra, 14 April 2010 - Aswat Al Iraq
Basra’s Investment Commission granted a permission to start a free trade-zone area with Iran.
“The project was proposed by a local firm,” a source from the commission told Aswat al-Iraq news agency on Tuesday.
He said that the firm will invest $16.2 million in the project over a period of 25 years.
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[...] This post was mentioned on Twitter by Iraq News Weekly. Iraq News Weekly said: Basra Approves Free Trade-zone with Iran http://bit.ly/9BpogS via @AddToAny [...]
[...] The rest is here: Basra Approves Free Trade-zone with Iran | Iraq Business News [...]
[...] border with Iraq and create a UAE-Iraq-Iran smuggling network by, among other things, establishing a free-trade zone in the southern Iraqi city of Basra, only 10 miles from the Iranian border.Iran is also supporting [...]