Iran, Armenia sign four agreements on Chabahar free zone

Chabahar Free Zone Organization in Iran signed four memoranda of understanding (MoUs) with Armenian economic sector to provide the necessary preparations and conditions for facilitating, accelerating, guiding, and supporting investment efforts in the strategic zone.
Deputy Minister of Economy of the Republic of Armenia Narek Hovakimyan and the accompanying delegation, consisting of private sector investors, traveled to Chabahar and met with Homeira Rigi, the CEO of Chabahar Industrial Free Trade Zone, on Thursday, IRNA reported.
Rigi said the MoUs signed between the two parties aim to expedite and simplify the process of registering a company for a second party, adding that the agreements also seek to prepare for obtaining and issuing business cards, as well as to establish the necessary conditions to facilitate, accelerate, guide, and support the investment actions of the second party with a focus on exports.
She underlined that Chabahar Free Zone Organization welcomes international collaboration and the expansion of cooperation in the areas of development and investment within the free trade zone in Chabahar.
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