Xinhua -- Armenia on Friday officially launched a free economic zone (FEZ) with Iran in its southernmost city of Meghri bordering the Islamic republic, state-run Armenpress reported. Armenian Prime Minister Karen Karapetyan attended the opening ceremony with Minister of Economic Development and Investments Suren Karayan, with presence of the Iranian ...

Xinhua - Armenia is currently in negotiations with southern neighbor Iran over plans to establish a free economic zone in Meghri, a town in the country's southern region bordering Iran, Armenian Prime Minister Karen Karapetyan announced on Friday in Syunik. "For year 2017, we have prepared an investment package of 830 million U.S. dollars," the ...

Sputnik- The final nuclear agreement turned Iran into an attractive destination for foreign investments. After the agreement was signed, a free economic zone on the Iranian island of Qeshm managed to attract investments from 10 countries. Qeshm Island is located a few kilometers offthe Iranian southern coast, oppositethe port cities ofBandar Abbas ...