BAKU, Azerbaijan, July 14. The value of products manufactured in the Araz Free Trade Zone, located in the East Azerbaijan province in northwestern Iran, reached 82 trillion rials (about $137 million) in the first 3 months of the current Iranian year (from March 21 through June 21, 2025), Hadi Moghaddamzadeh, head of the Aras Free Zone in northwest Iran, told reporters, Trend reports.
Moghaddamzadeh noted that during these 3 months, the value of industrial and mining products produced in the zone was 46.7 trillion rials (about $78.2 million), while agricultural products accounted for 35.3 trillion rials (about $59.2 million).
He added that the value of products manufactured and exported from the trade zone totaled $34.2 million during this period. The value of goods brought into the zone from the rest of the country and exported was $6.8 million, and the value of goods re-exported from the zone reached $5.7 million.
The official also stated that over the 3 months, imports to the Araz Free Trade Zone included supplies and equipment worth $59 million, raw materials worth $2.1 million, and consumer goods worth $2 million.
To note, the Araz Free Trade Zone is located along the Araz River and covers an area of 71,800 hectares. The zone hosts 150 manufacturing and industrial enterprises and is also home to the country’s largest greenhouse, which spans 7,000 square meters.
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