TEHRAN, Iran, Aug.9
Trend:
Iran's free zones is one of the effective solutions to prevent foreign currency from leaving the country, said the secretary of coordination council and cooperation of businesses in the Free Trade and Special Economic Zones Mohammad Sadegh Mobarhan, Trend reports via IRNA.
"Despite other entry points of the country, import from free zones is totally transparent and the total of import in seven free zones is between $6 to $7 billion," he said. "Some 60 percent of this figure belong to commercial commodities."
"Basic material for production units, machinery for industrial companies and cases related to repair of industrial units are being imported from free zones. They account for 35 percent of imports," said Mobarhan.
"The remaining commodities are the ones imported by passengers and being sold at commercial centers in free zones," he noted. "This form of import helps to prevent the outflow of foreign currency."
"The import quota for all free zones is $500 million and last Iranian year only $300 million of this quota was used," he said.
