Iran looks forward to establishing free trade zones in the Caspian region

October 05, 2022 | 21:57 |10837

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The head of the Trade Development Organization of Iran, Alireza Peymanpak, in her comments on the upcoming II Caspian Economic Forum, told about Iran's prospects to obtain a market with a capacity of 600-700 billion US dollars, if a free trade zone is formed in the Caspian region, TASS reports.

According to the politician, since March of this year, Iranian exports to Russia have increased by 31%, and to Turkmenistan- by 40%. The head of the organization also noted the importance of the North-South international transport corridor, which which also includes Turkmenistan.

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