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May 26th
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AZERBAIJAN, ARMENIA MAY JOIN FREE ECONOMIC ZONE ON TURKISH-IRANIAN BORDER

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Image 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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